The European Equity Fund, Inc. (NYSE:EEA – Get Free Report) announced a semi-annual dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.141 per share by the financial services provider on Friday, January 31st. This represents a yield of 2.1%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from The European Equity Fund’s previous semi-annual dividend of $0.04.
The European Equity Fund has decreased its dividend by an average of 3.8% annually over the last three years.
The European Equity Fund Price Performance
EEA stock opened at $8.52 on Friday. The company’s 50 day moving average price is $8.70 and its two-hundred day moving average price is $8.97. The European Equity Fund has a one year low of $8.24 and a one year high of $9.47.
About The European Equity Fund
The European Equity Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors.
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