Baillie Gifford European Growth Trust plc (LON:BGEU) Raises Dividend to GBX 0.60 Per Share

Baillie Gifford European Growth Trust plc (LON:BGEU) declared a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 0.60 ($0.01) per share on Friday, February 14th. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from Baillie Gifford European Growth Trust’s previous dividend of $0.40. The official announcement can be seen at this link.

Baillie Gifford European Growth Trust Trading Up 0.5 %

LON:BGEU opened at GBX 85.40 ($1.07) on Tuesday. The stock has a market capitalization of £301.80 million, a PE ratio of 1,214.29 and a beta of 1.06. The firm’s 50 day moving average is GBX 88.18 and its 200 day moving average is GBX 92.93. The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89. Baillie Gifford European Growth Trust has a 12 month low of GBX 83 ($1.04) and a 12 month high of GBX 101.80 ($1.28).

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.