Mark Bridgeman Acquires 2,454 Shares of Utilico Emerging Markets Trust PLC (LON:UEM) Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman purchased 2,454 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were purchased at an average cost of GBX 212 ($2.63) per share, for a total transaction of £5,202.48 ($6,462.71).

Mark Bridgeman also recently made the following trade(s):

• On Tuesday, October 8th, Mark Bridgeman acquired 18,500 shares of Utilico Emerging Markets Trust stock. The shares were purchased at an average cost of GBX 216 ($2.68) per share, with a total value of £39,960 ($49,639.75).

Utilico Emerging Markets Trust Stock Up 0.5 %

Shares of LON:UEM opened at GBX 211 ($2.62) on Friday. The company has a debt-to-equity ratio of 2.29, a current ratio of 2.59 and a quick ratio of 0.41. The stock has a market cap of £396.49 million, a price-to-earnings ratio of 727.59 and a beta of 0.59. The company has a 50 day moving average of GBX 209.37 and a 200-day moving average of GBX 216.34. Utilico Emerging Markets Trust PLC has a one year low of GBX 200 ($2.48) and a one year high of GBX 241 ($2.99).

Utilico Emerging Markets Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, November 28th were given a dividend of GBX 2.33 ($0.03) per share. This is a boost from Utilico Emerging Markets Trust’s previous dividend of $2.15. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.12%. Utilico Emerging Markets Trust’s payout ratio is presently 3,103.45%.

Utilico Emerging Markets Trust Company Profile

Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.