Dunedin Enterprise Investment Trust Plc (LON:DNE)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 368 ($4.81) and last traded at GBX 356 ($4.65), with a volume of 16134 shares trading hands. The stock had previously closed at GBX 349 ($4.56).
The business also recently announced a dividend, which was paid on Tuesday, October 23rd. Stockholders of record on Friday, October 5th were given a dividend of GBX 50 ($0.65) per share. This represents a dividend yield of 13.16%. This is a positive change from Dunedin Enterprise Investment Trust’s previous dividend of $5.50. The ex-dividend date was Friday, October 5th.
About Dunedin Enterprise Investment Trust (LON:DNE)
Dunedin Enterprise Investment Trust PLC is a United Kingdom-based investment trust. The Company specializes in the provision of private equity finance. The Company’s objective is to target a rate of return on equity of approximately 8% per annum over the long-term. The Company aims to achieve its investment objective by investing principally in private equity funds.
Further Reading: Asset Allocation, Balancing Your Investments
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