Dunedin Income Growth (LSE:DIG) Investment Trust shares are due to go ex-dividend on Thursday 5 November for a 4.25p payment. The trust's discount remains close to its 12-month average, according to AJ Bell data.

What happened

No results or strategic announcement has emerged from the trust in the past week, based on the announcements retrieved. The listings show routine daily NAV notices up to 30 October and buyback notices on 27 and 29 October.

The near-term event is the dividend. AJ Bell lists 4.25p, with an ex-dividend date of 5 November, a Record Date of 6 November and payment on 27 November. The previous payment was also 4.25p, which went ex-dividend on 6 August and was paid on 28 August.

Dunedin Income Growth (LSE:DIG) is an investment trust in the financial services sector, and it sits in the UK Equity income peer group. It is also a constituent of the FTSE All-Share index, the benchmark against which its first-half performance was reported last year.

Why it matters for investors

Income is central to the trust's appeal, and its policy shifted materially in the last financial year. In September 2025, AJ Bell's news service reported that the board intended to "significantly increase" dividends, with a target of at least 6.0% of NAV.

At that time, the expected total for the year to 31 January 2026 was at least 19.1p, compared with 14.20p the previous year. That report also said performance in the six months to July 2025 lagged the benchmark: a NAV total return of 3.1% against 7.1% for the index.

The half-year report covering the six months to July 2026 was not retrieved for this article, so this year's comparative return and any update to the Dividend guidance cannot be stated here. Readers should treat the 2025 figures as historical context only.

A payout linked to NAV has a practical implication. Part of the distribution may depend on the level of Assets rather than on income earned alone, so future payments can move with markets. The trust's own reports are the place to confirm the current wording.

How the shares have performed

AJ Bell showed a last trade of 320p on 2 November, although that was for only 23 shares, with quoted prices of 315p to sell and 320p to buy. The previous close was 314p. The 52-week range was 275p to 323p, and ticker.app dated the low to 23 March 2026.

Ticker.app showed 315.48p on 30 October, with a one-month gain of 1.3% and a flat three-month performance. Market Capitalisation was about £370.3m on AJ Bell's figures, and the listed Yield was 5.8%.

The NAV data needs a caveat. AJ Bell quoted 341.46p at 29 October and a 7.78% discount, whereas ticker.app showed 335.26p for the same date and a 5.9% discount. The gap may reflect different accounting bases, but this was not confirmed. AJ Bell's 12-month average discount was 7.94%.

What to watch next

Thursday's ex-dividend date will typically reduce the share price by around the value of the payment, other things being equal. Buyers on or after that date will not receive the 4.25p.

Beyond that, investors can watch whether Buybacks continue and how the discount behaves, given recent notices of share purchases. The next full reference point should be the annual results for the year to January 2027, though a date was not found.

Comparison with other UK income trusts in the index may also be useful. Edinburgh Investment Trust is due to go ex-dividend on the same day.