Edinburgh Investment (LON:EDIN) Increases Dividend to GBX 6.90 Per Share

Posted by Doug Wharley on Apr 26th, 2024

Edinburgh Investment (LON:EDIN – Get Free Report) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be paid a dividend of GBX 6.90 ($0.09) per share on Friday, May 24th. This represents a yield of 0.97%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from Edinburgh Investment’s previous dividend of $6.70. The official announcement can be accessed at this link.

Edinburgh Investment Stock Up 0.7 %

Shares of LON EDIN opened at GBX 719.90 ($8.89) on Friday. Edinburgh Investment has a one year low of GBX 612.70 ($7.57) and a one year high of GBX 720.76 ($8.90). The company has a debt-to-equity ratio of 10.70, a current ratio of 7.79 and a quick ratio of 3.88. The firm’s 50 day simple moving average is GBX 679.86 and its two-hundred day simple moving average is GBX 669.32. The stock has a market capitalization of £1.10 billion, a P/E ratio of 554.43 and a beta of 0.82.

Insider Buying and Selling at Edinburgh Investment

In other Edinburgh Investment news, insider Elisabeth Stheeman purchased 551 shares of Edinburgh Investment stock in a transaction on Monday, March 4th. The shares were acquired at an average cost of GBX 668 ($8.25) per share, for a total transaction of £3,680.68 ($4,546.29). In other news, insider Annabel Tagoe-Bannerman bought 732 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of GBX 682 ($8.42) per share, for a total transaction of £4,992.24 ($6,166.30). Also, insider Elisabeth Stheeman bought 551 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was purchased at an average price of GBX 668 ($8.25) per share, for a total transaction of £3,680.68 ($4,546.29). Company insiders own 3.59% of the company’s stock.

Edinburgh Investment Company Profile

(Get Free Report)

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.