CT Private Equity Trust PLC (LON:CTPE) to Issue Dividend Increase – GBX 11.50 Per Share

CT Private Equity Trust PLC (LON:CTPE) announced a dividend on Wednesday, March 26th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be given a dividend of GBX 11.50 ($0.15) per share on Wednesday, April 9th. This represents a yield of 3.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 64.1% increase from CT Private Equity Trust’s previous dividend of $7.01. The official announcement can be seen at this link.

CT Private Equity Trust Stock Performance

Shares of CT Private Equity Trust stock opened at GBX 465 ($6.02) on Friday. CT Private Equity Trust has a 12-month low of GBX 415 ($5.37) and a 12-month high of GBX 531.42 ($6.88). The company has a market cap of £333.36 million, a P/E ratio of 61.88 and a beta of 0.75. The company’s fifty day simple moving average is GBX 484.70 and its two-hundred day simple moving average is GBX 465.49.

CT Private Equity Trust Company Profile

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.