Dunedin Income Growth Investment Trust (LON:DIG) Sets New 52-Week Low – Here’s Why

Dunedin Income Growth Investment Trust PLC (LON:DIG)’s stock price hit a new 52-week low on Thursday . The stock traded as low as GBX 265 ($3.33) and last traded at GBX 265 ($3.33), with a volume of 96783 shares trading hands. The stock had previously closed at GBX 269 ($3.38).

Dunedin Income Growth Investment Trust Trading Down 0.4 %

The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 9.66. The stock has a market cap of £375.41 million, a price-to-earnings ratio of 1,760.00 and a beta of 0.73. The company’s fifty day moving average is GBX 276.01 and its two-hundred day moving average is GBX 281.72.

Dunedin Income Growth Investment Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 1.16%. Dunedin Income Growth Investment Trust’s dividend payout ratio (DPR) is currently 9,333.33%.

About Dunedin Income Growth Investment Trust

Dunedin Income Growth Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.