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

Smithson Investment Trust PLC (LON:SSON) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors 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 of this dividend is Thursday, April 3rd. The official announcement can be seen at this link.

Smithson Investment Trust Price Performance

LON SSON opened at GBX 1,426.04 ($18.42) on Tuesday. The firm has a market capitalization of £1.82 billion and a price-to-earnings ratio of -42.60. The company has a 50 day simple moving average of GBX 1,511.34 and a 200-day simple moving average of GBX 1,473.55. Smithson Investment Trust has a 52-week low of GBX 1,340 ($17.31) and a 52-week high of GBX 1,575.04 ($20.35).

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

Insider Activity at Smithson Investment Trust

In other Smithson Investment Trust news, insider Mike Balfour acquired 7,000 shares of Smithson Investment Trust stock in a transaction that occurred on Thursday, March 27th. The stock was acquired at an average price of GBX 1,456 ($18.81) per share, with a total value of £101,920 ($131,679.59). 2.69% of the stock is currently owned by company insiders.

About Smithson Investment Trust

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.