Smithson Investment Trust PLC (LON:SSON) Announces GBX 0.58 Dividend

Smithson Investment Trust PLC (LON:SSON) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 0.58 ($0.01) per share on Friday, May 2nd. This represents a yield of 0.04%. The ex-dividend date is Thursday, April 3rd. The official announcement can be viewed at this link.

Smithson Investment Trust Price Performance

LON SSON opened at GBX 1,426.04 ($18.42) on Tuesday. Smithson Investment Trust has a 1-year low of GBX 1,340 ($17.31) and a 1-year high of GBX 1,575.04 ($20.35). The stock has a 50-day moving average of GBX 1,511.34 and a two-hundred day moving average of GBX 1,473.55. The company has a market cap of £1.82 billion and a P/E ratio of -42.60.

Smithson Investment Trust (LON:SSON) last posted its earnings results on Thursday, March 6th. The company reported GBX 3 ($0.04) earnings per share for the quarter. Smithson Investment Trust had a negative return on equity of 2.13% and a net margin of 317.04%.

Insider Activity

In other Smithson Investment Trust news, insider Mike Balfour acquired 7,000 shares of the company’s stock in a transaction on Thursday, March 27th. The shares were bought at an average cost of GBX 1,456 ($18.81) per share, for a total transaction of £101,920 ($131,679.59). Corporate insiders own 2.69% of the company’s stock.

Smithson Investment Trust Company Profile

Smithson aims to provide its shareholders with a similar investment experience to the Fundsmith Equity Fund, being a superior risk-adjusted return over the long term, but by investing in a group of global small and mid capitalisation listed companies with a market cap of £500m to £15bn, which we believe can compound in value over many years, if not decades, hence the name, Smithson.