Alliance Trust (LON:ATST) Sets New 12-Month High at $1,256.00

Alliance Trust (LON:ATST)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,256 ($15.78) and last traded at GBX 1,252 ($15.73), with a volume of 250283 shares trading hands. The stock had previously closed at GBX 1,236 ($15.53).

Alliance Trust Price Performance

The stock’s 50 day simple moving average is GBX 1,215.41 and its 200-day simple moving average is GBX 1,134.32. The company has a debt-to-equity ratio of 6.54, a quick ratio of 0.89 and a current ratio of 1.04. The firm has a market cap of £3.55 billion, a price-to-earnings ratio of 875.52 and a beta of 0.69.

Alliance Trust Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be issued a GBX 6.62 ($0.08) dividend. The ex-dividend date is Thursday, May 30th. This is a positive change from Alliance Trust’s previous dividend of $6.34. This represents a dividend yield of 0.54%. Alliance Trust’s dividend payout ratio is currently 1,748.25%.

Alliance Trust Company Profile

Alliance Trust PLC is a publicly owned investment manager. The firm provides its services to retail investors and institutional investors. It invests in public equity markets. Alliance Trust PLC was founded on April 21, 1888 and is based in Dundee, United Kingdom with an additional office in London, United Kingdom.