Troy Income & Growth Trust Plc (LON:TIGT) Insider David N. C. Garman Acquires 150,000 Shares of Stock

Troy Income & Growth Trust Plc (LON:TIGTGet Rating) insider David N. C. Garman purchased 150,000 shares of the stock in a transaction on Thursday, September 15th. The stock was acquired at an average cost of GBX 71 ($0.86) per share, with a total value of £106,500 ($128,685.36).

Troy Income & Growth Trust Stock Down 1.2 %

Troy Income & Growth Trust stock opened at GBX 15.42 ($0.19) on Friday. The company has a market capitalization of £44.61 million and a PE ratio of 1,017.14. The firm has a fifty day simple moving average of GBX 72.65 and a two-hundred day simple moving average of GBX 73.18. Troy Income & Growth Trust Plc has a twelve month low of GBX 66.60 ($0.80) and a twelve month high of GBX 83 ($1.00).

Troy Income & Growth Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, October 6th will be issued a GBX 0.50 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a yield of 0.71%. This is a boost from Troy Income & Growth Trust’s previous dividend of $0.49. Troy Income & Growth Trust’s dividend payout ratio (DPR) is currently 28.00%.

About Troy Income & Growth Trust

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Troy Income & Growth Trust Plc is a closed-ended equity mutual fund launched and managed by Personal Assets Trust Administration Company Limited. It is co-managed by Troy 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.

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