Finsbury Growth & Income Trust (LON:FGT) Stock Price Crosses Above Fifty Day Moving Average of $812.90

Shares of Finsbury Growth & Income Trust PLC (LON:FGTGet Rating) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 812.90 ($9.36) and traded as high as GBX 851 ($9.80). Finsbury Growth & Income Trust shares last traded at GBX 851 ($9.80), with a volume of 323,963 shares traded.

Finsbury Growth & Income Trust Stock Performance

The company has a debt-to-equity ratio of 1.85, a current ratio of 0.50 and a quick ratio of 0.50. The company has a market cap of £1.83 billion and a PE ratio of 1,736.73. The business has a 50-day moving average of GBX 812.90 and a 200 day moving average of GBX 809.66.

Finsbury Growth & Income Trust Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 4th. Investors of record on Thursday, September 29th were issued a GBX 9.80 ($0.11) dividend. The ex-dividend date of this dividend was Thursday, September 29th. This represents a yield of 1.19%. This is an increase from Finsbury Growth & Income Trust’s previous dividend of $8.30. Finsbury Growth & Income Trust’s dividend payout ratio is currently 35.51%.

About Finsbury Growth & Income Trust

(Get Rating)

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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