F&C Investment Trust (LON:FCIT) Announces Earnings Results

F&C Investment Trust (LON:FCIT) released its earnings results on Tuesday. The company reported GBX 17.01 ($0.22) EPS for the quarter, Digital Look Earnings reports. F&C Investment Trust had a net margin of 95.33% and a return on equity of 18.50%.

F&C Investment Trust Stock Performance

Shares of LON:FCIT traded up GBX 2.58 ($0.03) during trading on Thursday, hitting GBX 1,106.58 ($14.40). 620,950 shares of the stock traded hands, compared to its average volume of 631,015. The company has a quick ratio of 3.92, a current ratio of 2.81 and a debt-to-equity ratio of 10.50. The company has a market cap of £5.35 billion, a price-to-earnings ratio of 5.73 and a beta of 0.62. The company has a fifty day moving average price of GBX 1,156.12 and a two-hundred day moving average price of GBX 1,103.92. F&C Investment Trust has a 52-week low of GBX 957.88 ($12.46) and a 52-week high of GBX 1,202.67 ($15.65).

F&C Investment Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 7th. Investors of record on Thursday, April 10th will be paid a GBX 4.80 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from F&C Investment Trust’s previous dividend of $3.60. This represents a yield of 0.44%. F&C Investment Trust’s dividend payout ratio (DPR) is 7.77%.

Insider Activity

In related news, insider Beatrice Hollond purchased 87 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The shares were purchased at an average price of GBX 1,136 ($14.78) per share, with a total value of £988.32 ($1,285.70). Insiders bought a total of 103 shares of company stock valued at $117,336 in the last three months. 0.76% of the stock is currently owned by corporate insiders.

About F&C Investment Trust

Launched in 1868, the Trust is the world’s oldest collective investment scheme and has since gone on to amass an impressive track record and grow into one of the largest of its kind. Its aim is to generate long-term growth and income by investing primarily in an international portfolio of listed equities.