Caledonia Investments (LON:CLDN) Shares Pass Above 50 Day Moving Average - Here's What Happened

Caledonia Investments Plc (LON:CLDN - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3,681.51 ($48.96) and traded as high as GBX 3,845 ($51.13). Caledonia Investments shares last traded at GBX 3,785 ($50.33), with a volume of 9,906 shares.

Caledonia Investments Stock Up 0.3%

The stock has a market cap of £2.03 billion, a price-to-earnings ratio of 10.18 and a beta of 0.77. The company has a 50 day simple moving average of GBX 3,677.91 and a 200 day simple moving average of GBX 3,617.34.

Caledonia Investments Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 27th were paid a GBX 95.80 ($1.27) dividend. This is an increase from Caledonia Investments's previous dividend of $19.69. The ex-dividend date of this dividend was Thursday, March 27th. This represents a yield of 4.33%. Caledonia Investments's dividend payout ratio is presently 18.70%.

Insider Buying and Selling at Caledonia Investments

In related news, insider Mathew Masters sold 516 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of GBX 3,880 ($51.60), for a total value of £20,020.80 ($26,623.40). Company insiders own 40.16% of the company's stock.

Caledonia Investments Company Profile

Caledonia is a FTSE 250 self-managed investment trust company with a long track record of delivering consistent returns and progressive annual dividend payments to shareholders. Our aim is to generate long-term compounding real returns that outperform inflation by 3%-6% over the medium to long term, and the FTSE All-Share index over 10 years. We are a long-term investor and hold investments in both listed and private markets across three pools: Public Companies, Private Capital and Funds.