Finsbury Growth & Income Trust PLC (LON:FGT) to Issue Dividend Increase – GBX 8.60 Per Share

Finsbury Growth & Income Trust PLC (LON:FGT) declared a dividend on Tuesday, September 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 8th will be given a dividend of GBX 8.60 ($0.11) per share by the investment trust on Friday, November 13th. This represents a yield of 1%. The ex-dividend date is Thursday, October 8th. This is an increase from Finsbury Growth & Income Trust’s previous dividend of $8.00. The official announcement can be viewed at this link.

Shares of LON FGT opened at GBX 859 ($11.22) on Wednesday. The company’s fifty day moving average is GBX 836.88 and its two-hundred day moving average is GBX 804.84. The company has a debt-to-equity ratio of 2.31, a quick ratio of 5.58 and a current ratio of 5.58. The firm has a market capitalization of $1.85 billion and a P/E ratio of -12.78. Finsbury Growth & Income Trust has a one year low of GBX 595 ($7.77) and a one year high of GBX 947 ($12.37).

Finsbury Growth & Income Trust Company Profile

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.

Further Reading: Sell-Side Analysts

Dividend History for Finsbury Growth & Income Trust (LON:FGT)

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