European Assets Trust PLC (LON:EAT) Increases Dividend to GBX 4 Per Share

European Assets Trust PLC (LON:EAT) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, April 17th will be given a dividend of GBX 4 ($0.05) per share on Wednesday, April 23rd. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 189.9% increase from European Assets Trust’s previous dividend of $1.38. The official announcement can be viewed at this link.

European Assets Trust Trading Down 0.3 %

Shares of EAT stock opened at GBX 82.39 ($1.07) on Friday. The company has a market cap of £296.31 million, a PE ratio of 10.60 and a beta of 1.05. The company’s fifty day simple moving average is GBX 83.90 and its 200-day simple moving average is GBX 83.31. European Assets Trust has a 52 week low of GBX 79.12 ($1.02) and a 52 week high of GBX 92.20 ($1.19).

Insider Activity at European Assets Trust

In related news, insider Monica Tepes purchased 10,000 shares of European Assets Trust stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average cost of GBX 85 ($1.10) per share, with a total value of £8,500 ($11,004.66). 0.82% of the stock is owned by insiders.

European Assets Trust Company Profile

European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of the largest company in the Euromoney Smaller European Companies (ex UK) Index or below Euro 2.5 billion.