Edinburgh Investment (LON:EDIN) Declares Dividend Increase – GBX 6.90 Per Share

Edinburgh Investment (LON:EDIN) announced a dividend on Wednesday, April 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be given 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 is Thursday, May 2nd. This is a positive change from Edinburgh Investment’s previous dividend of $6.70. The official announcement can be seen at this link.

Edinburgh Investment Trading Down 0.0 %

LON EDIN opened at GBX 721.76 ($9.07) on Wednesday. The stock’s 50-day simple moving average is GBX 684.50 and its two-hundred day simple moving average is GBX 671.13. Edinburgh Investment has a twelve month low of GBX 612.70 ($7.70) and a twelve month high of GBX 727 ($9.13). The company has a quick ratio of 3.88, a current ratio of 7.79 and a debt-to-equity ratio of 10.70. The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of 555.38 and a beta of 0.82.

Insider Buying and Selling at Edinburgh Investment

In other news, insider Elisabeth Stheeman purchased 551 shares of the stock in a transaction on Monday, March 4th. The shares were acquired at an average price of GBX 668 ($8.39) per share, for a total transaction of £3,680.68 ($4,623.39). In related news, insider Elisabeth Stheeman acquired 551 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were purchased at an average price of GBX 668 ($8.39) per share, for a total transaction of £3,680.68 ($4,623.39). Also, insider Annabel Tagoe-Bannerman purchased 732 shares of Edinburgh Investment stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of GBX 682 ($8.57) per share, for a total transaction of £4,992.24 ($6,270.87). Company insiders own 3.59% of the company’s stock.

Edinburgh Investment Company Profile

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.