Finsbury Growth & Income Trust PLC (FGT) to Issue Dividend of GBX 7.40 on November 10th
Finsbury Growth & Income Trust PLC (LON:FGT) declared a dividend on Wednesday, September 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 12th will be given a dividend of GBX 7.40 ($0.10) per share by the investment trust on Friday, November 10th. This represents a yield of 1%. The ex-dividend date is Thursday, October 12th. This is a positive change from Finsbury Growth & Income Trust PLC’s previous dividend of $6.80. The official announcement can be accessed at this link.
Finsbury Growth & Income Trust PLC (FGT) traded up 0.86% on Friday, reaching GBX 759.00. 19,383 shares of the company’s stock traded hands. Finsbury Growth & Income Trust PLC has a 52-week low of GBX 6.08 and a 52-week high of GBX 759.00. The stock’s 50 day moving average is GBX 7.32 and its 200 day moving average is GBX 7.19.
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In related news, insider John Allard purchased 732 shares of the business’s stock in a transaction on Monday, July 10th. The shares were purchased at an average price of GBX 717 ($9.51) per share, with a total value of £5,248.44 ($6,961.72).
Finsbury Growth & Income Trust PLC Company Profile
Finsbury Growth & Income Trust PLC is an investment trust. The Company’s investment objective is to achieve capital and income growth and to provide shareholders with a total return in excess of that of the financial times stock exchange (FTSE) all-share Index. Its investment policy is to invest principally in the securities of the United Kingdom-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 around the world.
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