European Assets Trust PLC (LON:EAT) Raises Dividend to GBX 4 Per Share

European Assets Trust PLC (LON:EAT) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 17th will be paid a dividend of GBX 4 ($0.05) per share on Wednesday, April 23rd. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, April 17th. This is a 189.9% increase from European Assets Trust’s previous dividend of $1.38. The official announcement can be seen at this link.

European Assets Trust Price Performance

EAT stock opened at GBX 82.81 ($1.07) on Thursday. The firm has a 50 day simple moving average of GBX 83.88 and a two-hundred day simple moving average of GBX 83.33. European Assets Trust has a one year low of GBX 79.12 ($1.02) and a one year high of GBX 92.20 ($1.19). The stock has a market cap of £297.82 million, a PE ratio of 10.66 and a beta of 1.05.

Insider Buying and Selling

In other European Assets Trust news, insider Monica Tepes bought 10,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of GBX 85 ($1.09) per share, for a total transaction of £8,500 ($10,943.74). 0.82% of the stock is owned by insiders.

European Assets Trust Company Profile

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion.