Alliance Trust (LON:ATST) Hits New 52-Week High at $1,256.00

Alliance Trust (LON:ATST)’s stock price reached a new 52-week high on Tuesday . The stock 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 Trading Down 0.1 %

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

Alliance Trust Increases Dividend

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

About Alliance Trust

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.