British & American Investment Trust PLC (LON:BAF) to Issue Dividend Increase – GBX 1.75 Per Share

British & American Investment Trust PLC (LON:BAFGet Rating) declared a dividend on Thursday, November 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 8th will be given a dividend of GBX 1.75 ($0.02) per share on Thursday, December 22nd. This represents a yield of 7.61%. The ex-dividend date is Thursday, December 8th. This is a positive change from British & American Investment Trust’s previous dividend of $0.80. The official announcement can be accessed at this link.

British & American Investment Trust Stock Performance

LON BAF traded up GBX 4.94 ($0.06) on Thursday, reaching GBX 25.94 ($0.31). 26,624 shares of the company’s stock traded hands, compared to its average volume of 8,234. The firm has a market cap of £6.49 million and a price-to-earnings ratio of 700.00. The stock has a 50 day moving average price of GBX 16.66 and a 200-day moving average price of GBX 19.41. British & American Investment Trust has a fifty-two week low of GBX 10 ($0.12) and a fifty-two week high of GBX 33 ($0.39). The company has a debt-to-equity ratio of 13.28, a quick ratio of 0.18 and a current ratio of 0.18.

About British & American Investment Trust

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British & American Investment Trust plc is a publically owned investment manager. The firm manages equity mutual fund for its clients. It invests in public equity markets of United Kingdom. The firm invests predominantly in investment trusts. British & American Investment Trust plc was founded in 1947 and is based in London, United Kingdom.

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Dividend History for British & American Investment Trust (LON:BAF)

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