Fidelity European Trust (LON:FEV) Declares Dividend Increase – GBX 5.50 Per Share

Fidelity European Trust (LON:FEV) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 5.50 ($0.07) per share on Tuesday, May 13th. This represents a yield of 1.36%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 52.8% increase from Fidelity European Trust’s previous dividend of $3.60. The official announcement can be accessed at this link.

Fidelity European Trust Stock Down 0.5 %

Shares of FEV stock opened at GBX 401.30 ($5.20) on Friday. The business has a 50-day moving average price of GBX 387.82 and a two-hundred day moving average price of GBX 372.46. Fidelity European Trust has a 12-month low of GBX 342.50 ($4.44) and a 12-month high of GBX 412.50 ($5.35). The firm has a market cap of £1.65 billion, a P/E ratio of 7.95 and a beta of 0.80.

Fidelity European Trust (LON:FEV) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 10.41 ($0.13) earnings per share (EPS) for the quarter. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%. As a group, research analysts expect that Fidelity European Trust will post 62.9906542 EPS for the current fiscal year.

Fidelity European Trust Company Profile

Fidelity European Trust PLC aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

The Trust invests predominantly in continental European equities (and their related securities) and up to 20% of gross assets may be invested in companies outside of the continent.