The Independent Investment Trust plc (LON:IIT) insider Maxwell C. B. Ward sold 50,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of GBX 725 ($10.02), for a total value of £362,500 ($500,828.96).
The Independent Investment Trust plc (LON IIT) opened at GBX 746 ($10.31) on Wednesday. The company has a market capitalization of $413.81 and a price-to-earnings ratio of 343.78. The Independent Investment Trust plc has a 12-month low of GBX 424.12 ($5.86) and a 12-month high of GBX 811 ($11.20).
The company also recently announced a dividend, which will be paid on Friday, April 6th. Shareholders of record on Thursday, February 22nd will be issued a GBX 6 ($0.08) dividend. This represents a dividend yield of 0.86%. This is a boost from The Independent Investment Trust’s previous dividend of $2.00. The ex-dividend date is Thursday, February 22nd.
About The Independent Investment Trust
Independent Investment Trust PLC is an investment company. The Company’s objective is to provide good absolute returns over long periods by investing the great majority of its assets in the United Kingdom and international quoted securities and, if appropriate, index futures. The Company invests in equities.
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