Pacific Assets Trust plc (PAC) Announces Dividend Increase – GBX 2.60 Per Share

Pacific Assets Trust plc (LON:PAC) announced a dividend on Wednesday, April 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 1st will be given a dividend of GBX 2.60 ($0.03) per share by the investment trust on Tuesday, July 4th. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, June 1st. This is a positive change from Pacific Assets Trust plc’s previous dividend of $2.20. The official announcement can be accessed at this link.

Pacific Assets Trust plc (LON PAC) traded up 1.65% during trading on Friday, reaching GBX 261.50. 147,842 shares of the company’s stock traded hands. The firm has a 50 day moving average price of GBX 2.53 and a 200-day moving average price of GBX 2.46. Pacific Assets Trust plc has a 12 month low of GBX 179.00 and a 12 month high of GBX 263.50.

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About Pacific Assets Trust plc

Pacific Assets Trust plc is a United Kingdom-based investment trust. The Company’s investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the Asia Pacific Region).

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