David Warnock Acquires 170,272 Shares of Troy Income & Growth Trust PLC (LON:TIGT) Stock

Troy Income & Growth Trust PLC (LON:TIGT) insider David Warnock purchased 170,272 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The shares were acquired at an average cost of GBX 82 ($1.07) per share, with a total value of £139,623.04 ($182,442.23).

TIGT opened at GBX 83.12 ($1.09) on Wednesday. The company has a market cap of $250.07 million and a price-to-earnings ratio of 11.54. The firm has a 50 day simple moving average of GBX 82.62 and a 200 day simple moving average of GBX 78.04. Troy Income & Growth Trust PLC has a fifty-two week low of GBX 0.78 ($0.01) and a fifty-two week high of GBX 84.81 ($1.11).

The firm also recently declared a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 10th were paid a dividend of GBX 0.70 ($0.01) per share. This represents a dividend yield of 0.83%. This is an increase from Troy Income & Growth Trust’s previous dividend of $0.69. The ex-dividend date was Thursday, October 10th. Troy Income & Growth Trust’s payout ratio is 0.42%.

About Troy Income & Growth Trust

Troy Income & Growth Trust plc is a United Kingdom-based closed-ended investment trust. The principal objective of the Trust is to provide shareholders with an income yield and the prospect of income and capital growth through investing in a portfolio of United Kingdom equities. The Trust has investments in United Kingdom-listed investment companies, property and banks.

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