Utilico Emerging Markets Trust PLC (LON:UEM) Announces Dividend of GBX 2.33

Utilico Emerging Markets Trust PLC (LON:UEM) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be paid a dividend of GBX 2.33 ($0.03) per share on Thursday, December 19th. This represents a yield of 1.12%. The ex-dividend date is Thursday, November 28th. This is a boost from Utilico Emerging Markets Trust’s previous dividend of $2.15. The official announcement can be accessed at this link.

Utilico Emerging Markets Trust Price Performance

Shares of Utilico Emerging Markets Trust stock opened at GBX 207.02 ($2.61) on Friday. Utilico Emerging Markets Trust has a 52 week low of GBX 206 ($2.59) and a 52 week high of GBX 241 ($3.03). The company has a current ratio of 2.59, a quick ratio of 0.41 and a debt-to-equity ratio of 2.29. The stock has a market cap of £389.01 million, a PE ratio of 717.24 and a beta of 0.59. The company’s 50-day moving average price is GBX 214.26 and its two-hundred day moving average price is GBX 220.37.

Insider Transactions at Utilico Emerging Markets Trust

In related news, insider Mark Bridgeman bought 18,500 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were bought at an average cost of GBX 216 ($2.72) per share, with a total value of £39,960 ($50,308.45). Corporate insiders own 1.82% of the company’s stock.

About Utilico Emerging Markets Trust

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.