F&C Investment Trust (LON:FCIT) Posts Earnings Results

F&C Investment Trust (LON:FCIT) announced its quarterly earnings data on Tuesday. The company reported GBX 17.01 ($0.22) earnings per share (EPS) for the quarter, Digital Look Earnings reports. F&C Investment Trust had a return on equity of 18.50% and a net margin of 95.33%.

F&C Investment Trust Stock Up 0.0 %

FCIT stock opened at GBX 1,104.32 ($14.37) on Thursday. The company has a current ratio of 2.81, a quick ratio of 3.92 and a debt-to-equity ratio of 10.50. The firm has a market capitalization of £5.34 billion, a PE ratio of 5.72 and a beta of 0.62. F&C Investment Trust has a 1-year low of GBX 957.88 ($12.46) and a 1-year high of GBX 1,202.67 ($15.65). The business’s 50 day simple moving average is GBX 1,156.12 and its 200 day simple moving average is GBX 1,103.92.

F&C Investment Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 4.80 ($0.06) per share. The ex-dividend date is Thursday, April 10th. This is a positive change from F&C Investment Trust’s previous dividend of $3.60. This represents a dividend yield of 0.44%. F&C Investment Trust’s payout ratio is presently 7.77%.

Insider Buying and Selling

In related news, insider Beatrice Hollond bought 87 shares of the business’s stock in a transaction dated Thursday, January 9th. The stock was purchased at an average cost of GBX 1,136 ($14.78) per share, for a total transaction of £988.32 ($1,285.70). In the last three months, insiders have acquired 103 shares of company stock valued at $117,336. 0.76% of the stock is owned by insiders.

F&C Investment Trust Company Profile

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.