The Independent Investment Trust plc Announces Dividend of GBX 2 (LON:IIT)

The Independent Investment Trust plc (LON:IIT) declared a dividend on Wednesday, July 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 2nd will be given a dividend of GBX 2 ($0.03) per share on Friday, August 24th. This represents a yield of 0.26%. The ex-dividend date is Thursday, August 2nd. The official announcement can be seen at this link.

The Independent Investment Trust opened at GBX 6.97 ($0.09) on Friday, Marketbeat.com reports. The Independent Investment Trust has a 12 month low of GBX 424.12 ($5.49) and a 12 month high of GBX 811 ($10.50).

In other news, insider Douglas Christopher Patrick McDougall sold 25,000 shares of The Independent Investment Trust stock in a transaction that occurred on Wednesday, July 25th. The shares were sold at an average price of GBX 770 ($9.97), for a total value of £192,500 ($249,190.94). In the last ninety days, insiders sold 75,000 shares of company stock worth $57,275,000.

Separately, HSBC downgraded shares of The Independent Investment Trust from a “hold” rating to a “reduce” rating in a research report on Tuesday, June 5th.

The Independent Investment Trust Company Profile

The Independent Investment Trust PLC is a publically owned investment manager. The firm launches and manages equity mutual fund for its clients. It invests in public equity markets across the globe. The Independent Investment Trust PLC is based in Edinburgh, United Kingdom.

See Also: How are Outstanding Shares Different from Authorized Shares?

Dividend History for The Independent Investment Trust (LON:IIT)

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