Finsbury Growth & Income (LON:FGT) Announces Dividend of GBX 10.80

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

Finsbury Growth & Income Price Performance

Shares of LON FGT opened at GBX 863.50 ($11.55) on Tuesday. 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 company has a market capitalization of £1.58 billion, a price-to-earnings ratio of 1,411.41 and a beta of 0.52. Finsbury Growth & Income has a twelve month low of GBX 788.71 ($10.55) and a twelve month high of GBX 872 ($11.66). The business has a 50 day simple moving average of GBX 843.64 and a 200-day simple moving average of GBX 842.13.

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.