Finsbury Growth & Income (LON:FGT) to Issue Dividend Increase – GBX 10.80 Per Share

Finsbury Growth & Income (LON:FGT) declared a dividend on Friday, September 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 10.80 ($0.14) per share by the investment trust on Friday, November 8th. This represents a dividend yield of 1.27%. The ex-dividend date is Thursday, October 3rd. This is a positive change from Finsbury Growth & Income’s previous dividend of $8.80. The official announcement can be accessed at this link.

Finsbury Growth & Income Trading Down 1.2 %

Shares of Finsbury Growth & Income stock opened at GBX 852 ($11.25) on Friday. The business has a 50 day moving average price of GBX 840.91 and a 200 day moving average price of GBX 842.16. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.68 and a quick ratio of 0.48. The company has a market capitalization of £1.56 billion, a P/E ratio of 1,396.72 and a beta of 0.52. Finsbury Growth & Income has a 1 year low of GBX 788.71 ($10.42) and a 1 year high of GBX 876 ($11.57).

Insider Buying and Selling

In other Finsbury Growth & Income news, insider Pars Purewal bought 17,802 shares of Finsbury Growth & Income stock in a transaction that occurred on Monday, July 1st. The stock was purchased at an average cost of GBX 838 ($11.07) per share, for a total transaction of £149,180.76 ($197,068.38). 5.83% of the stock is currently owned by insiders.

Finsbury Growth & Income 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.