Finsbury Growth & Income (LON:FGT - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 881.79 ($11.77) and traded as high as GBX 904 ($12.07). Finsbury Growth & Income shares last traded at GBX 898 ($11.99), with a volume of 102,391 shares changing hands.
Finsbury Growth & Income Price Performance
The stock has a 50 day moving average price of GBX 881.53 and a 200-day moving average price of GBX 891.41. The stock has a market capitalization of £1.36 billion, a price-to-earnings ratio of 15.03 and a beta of 0.52.
Finsbury Growth & Income Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, June 9th. Stockholders of record on Thursday, April 17th will be given a GBX 1.80 ($0.02) dividend. This represents a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, April 17th. Finsbury Growth & Income's dividend payout ratio (DPR) is 31.21%.
Finsbury Growth & Income Company Profile
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The Company was founded in 1926 and Nick Train has managed the portfolio since his firm, Lindsell Train, was appointed as Portfolio Manager in 2000. Finsbury Growth & Income Trust PLC (“the Company”) invests principally in the securities of UK listed companies, whilst up to a maximum of 20% of the Company's portfolio, at the time of acquisition, can be invested in quoted companies outside of the UK.
Further Reading
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