Edinburgh Investment (LON:EDIN) Insider Purchases £19,883.20 in Stock

Edinburgh Investment (LON:EDIN) insider Elisabeth Stheeman acquired 2,720 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was acquired at an average cost of GBX 731 ($9.37) per share, for a total transaction of £19,883.20 ($25,474.95).

Edinburgh Investment Stock Performance

Shares of EDIN opened at GBX 732 ($9.38) on Monday. The firm has a market cap of £1.11 billion, a PE ratio of 563.08 and a beta of 0.82. The stock’s fifty day moving average price is GBX 718.22 and its two-hundred day moving average price is GBX 687.20. The company has a debt-to-equity ratio of 10.70, a current ratio of 7.79 and a quick ratio of 3.88. Edinburgh Investment has a 1 year low of GBX 612.70 ($7.85) and a 1 year high of GBX 746 ($9.56).

Edinburgh Investment Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, July 26th. Shareholders of record on Thursday, June 6th will be paid a GBX 6.90 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a dividend yield of 0.94%. Edinburgh Investment’s payout ratio is presently 2,076.92%.

Edinburgh Investment Company Profile

The Edinburgh Investment Trust plc is a closed-ended equity mutual fund launched and managed by Majedie Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of companies.