Baillie Gifford China Growth Trust (LON:BGCG) to Issue Dividend Increase - GBX 2.20 Per Share

Baillie Gifford China Growth Trust (LON:BGCG - Get Free Report) announced a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Stockholders of record on Tuesday, June 3rd will be given a dividend of GBX 2.20 ($0.03) per share on Monday, July 7th. This represents a dividend yield of 0.85%. The ex-dividend date is Tuesday, June 3rd. This is a 10.0% increase from Baillie Gifford China Growth Trust's previous dividend of $2.00. The official announcement can be seen at this link.

Baillie Gifford China Growth Trust Price Performance

Shares of BGCG traded up GBX 5 ($0.07) during midday trading on Thursday, hitting GBX 253 ($3.43). 57,976 shares of the company traded hands, compared to its average volume of 130,150. The firm has a 50 day moving average of GBX 245.14 and a 200-day moving average of GBX 241.97. Baillie Gifford China Growth Trust has a 52 week low of GBX 175.78 ($2.38) and a 52 week high of GBX 285.88 ($3.87). The stock has a market cap of £147.59 million, a price-to-earnings ratio of -4.64 and a beta of 0.55. The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.38 and a current ratio of 0.41.

Baillie Gifford China Growth Trust (LON:BGCG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 1st. The company reported GBX 2.53 ($0.03) EPS for the quarter. Baillie Gifford China Growth Trust had a net margin of 107.60% and a negative return on equity of 26.72%.

About Baillie Gifford China Growth Trust

The Trust aims to produce long term capital growth by investing in an actively managed portfolio of Chinese companies. Up to a maximum of 20% of assets may be invested in companies not listed on a public market (measured at time of purchase). We invest on a long-term (5 year) perspective, and have a strong preference for growth.