Caledonia Investments (LON:CLDN) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Caledonia Investments Plc (LON:CLDN - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,565.34 ($47.90) and traded as high as GBX 3,630.78 ($48.78). Caledonia Investments shares last traded at GBX 3,610 ($48.50), with a volume of 44,717 shares trading hands.

Caledonia Investments Stock Performance

The stock's 50-day moving average is GBX 3,702.01 and its 200 day moving average is GBX 3,574.29. The firm has a market cap of £2.00 billion, a P/E ratio of 10.02 and a beta of 0.77.

Caledonia Investments Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 3rd. Investors of record on Thursday, March 27th were paid a GBX 95.80 ($1.29) dividend. The ex-dividend date was Thursday, March 27th. This is a positive change from Caledonia Investments's previous dividend of $19.69. This represents a yield of 4.33%. Caledonia Investments's dividend payout ratio is presently 18.70%.

Insider Buying and Selling

In other news, insider Mathew Masters sold 516 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 3,880 ($52.13), for a total transaction of £20,020.80 ($26,898.83). Also, insider William Wyatt acquired 135 shares of the firm's stock in a transaction on Thursday, February 6th. The stock was purchased at an average cost of GBX 3,800 ($51.05) per share, for a total transaction of £5,130 ($6,892.38). Company insiders own 40.16% of the company's stock.

About Caledonia Investments

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.