Sanditon Investment Trust PLC (LON:SIT) declared a dividend on Thursday, September 22nd. Shareholders of record on Thursday, November 17th will be given a dividend of GBX 1.10 ($0.01) per share on Monday, December 19th. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, November 17th. This is a positive change from Sanditon Investment Trust PLC’s previous dividend of $0.45. The official announcement can be accessed at this link.

Sanditon Investment Trust PLC (LON:SIT) opened at 104.875 on Friday. The firm has a 50-day moving average price of GBX 1.05 and a 200 day moving average price of GBX 1.05. Sanditon Investment Trust PLC has a 52-week low of GBX 0.98 and a 52-week high of GBX 105.25.

In other news, insider Christopher A. Keljik acquired 65,000 shares of the firm’s stock in a transaction on Monday, September 26th. The shares were purchased at an average cost of GBX 105 ($1.30) per share, for a total transaction of £68,250 ($84,541.06).

About Sanditon Investment Trust PLC

Sanditon Investment Trust plc is a United Kingdom-based investment trust, which is engaged in portfolio investment. The Trust’s investment objective is to provide an absolute return in excess of 2% over the rate of inflation, to provide low correlation with the United Kingdom and European equity indices.

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