Finsbury Growth & Income (LON:FGT - Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as GBX 868 ($11.62) and last traded at GBX 867 ($11.61), with a volume of 151642 shares traded. The stock had previously closed at GBX 860 ($11.52).
Finsbury Growth & Income Stock Performance
The company has a current ratio of 5.68, a quick ratio of 0.48 and a debt-to-equity ratio of 2.01. The stock's 50 day moving average price is GBX 842.28 and its two-hundred day moving average price is GBX 842.02. The firm has a market capitalization of £1.59 billion, a PE ratio of 1,419.67 and a beta of 0.52.
Finsbury Growth & Income Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Stockholders of record on Thursday, October 3rd will be paid a dividend of GBX 10.80 ($0.14) per share. This represents a dividend yield of 1.27%. This is a boost from Finsbury Growth & Income's previous dividend of $8.80. The ex-dividend date of this dividend is Thursday, October 3rd. Finsbury Growth & Income's dividend payout ratio (DPR) is 3,114.75%.
Insider Buying and Selling
In other news, insider Pars Purewal bought 17,802 shares of the firm's stock in a transaction that occurred on Monday, July 1st. The shares were purchased at an average price of GBX 838 ($11.22) per share, for a total transaction of £149,180.76 ($199,759.99). 5.83% of the stock is owned by company insiders.
About Finsbury Growth & Income
(
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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.
See Also
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