European Assets Trust PLC (LON:EAT) Declares Dividend of GBX 4

European Assets Trust PLC (LON:EAT) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 4 ($0.05) per share on Wednesday, April 23rd. This represents a 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 accessed at this link.

European Assets Trust Price Performance

LON:EAT opened at GBX 82.81 ($1.07) on Thursday. The company has a 50 day moving average price of GBX 83.88 and a 200-day moving average price of GBX 83.33. European Assets Trust has a 1-year low of GBX 79.12 ($1.02) and a 1-year high of GBX 92.20 ($1.19). The firm has a market cap of £297.82 million, a price-to-earnings ratio of 10.66 and a beta of 1.05.

Insider Activity at European Assets Trust

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