The European Smaller Companies Trust PLC (LON:ESCT) Declares GBX 1.45 Dividend

The European Smaller Companies Trust PLC (LON:ESCT) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 1.45 ($0.02) per share on Friday, May 2nd. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be viewed at this link.

The European Smaller Companies Trust Stock Up 1.1 %

LON ESCT opened at GBX 183.20 ($2.37) on Tuesday. The European Smaller Companies Trust has a 1-year low of GBX 163.40 ($2.11) and a 1-year high of GBX 190.65 ($2.46). The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30. The stock’s 50 day moving average is GBX 182.34 and its two-hundred day moving average is GBX 176.27. The company has a market capitalization of £722.61 million, a price-to-earnings ratio of 8.64 and a beta of 1.25.

The European Smaller Companies Trust (LON:ESCT) last released its quarterly earnings results on Thursday, March 20th. The company reported GBX 1.19 ($0.02) EPS for the quarter. The European Smaller Companies Trust had a return on equity of 10.91% and a net margin of 87.06%.

About The European Smaller Companies Trust

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.