Finsbury Growth & Income (LON:FGT) Reaches New 1-Year High – Time to Buy?

Posted by Teresa Graham on Dec 4th, 2024

Shares of Finsbury Growth & Income (LON:FGT – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 889.25 ($11.27) and last traded at GBX 886 ($11.23), with a volume of 52194 shares trading hands. The stock had previously closed at GBX 887 ($11.24).

Finsbury Growth & Income Stock Down 0.1 %

The company has a quick ratio of 0.48, a current ratio of 5.68 and a debt-to-equity ratio of 2.01. The business has a 50-day simple moving average of GBX 854.52 and a two-hundred day simple moving average of GBX 846.79. The stock has a market capitalization of £1.62 billion, a P/E ratio of 1,453.92 and a beta of 0.52.

Finsbury Growth & Income Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd were issued a GBX 10.80 ($0.14) dividend. This is a positive change from Finsbury Growth & Income’s previous dividend of $8.80. The ex-dividend date was Thursday, October 3rd. This represents a dividend yield of 1.27%. Finsbury Growth & Income’s dividend payout ratio is presently 3,114.75%.

Finsbury Growth & Income Company Profile

(Get Free Report)

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.