European Assets Trust PLC (EAT) to Issue Dividend of GBX 4 on April 23rd

European Assets Trust PLC (LON:EAT) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 17th will be paid a dividend of GBX 4 ($0.05) per share on Wednesday, April 23rd. This represents a dividend yield of 0.77%. The ex-dividend date 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 Stock Performance

Shares of LON:EAT opened at GBX 78.19 ($1.03) on Tuesday. The business’s 50 day simple moving average is GBX 82.11 and its two-hundred day simple moving average is GBX 82.51. The firm has a market cap of £281.19 million, a P/E ratio of 10.06 and a beta of 1.05. European Assets Trust has a 52-week low of GBX 67 ($0.88) and a 52-week high of GBX 92.20 ($1.22).

European Assets Trust (LON:EAT) last issued its earnings results on Thursday, April 3rd. The company reported GBX 1.78 ($0.02) earnings per share (EPS) for the quarter. European Assets Trust had a return on equity of 7.51% and a net margin of 79.65%.

Insiders Place Their Bets

In related news, insider Monica Tepes purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were bought at an average price of GBX 85 ($1.12) per share, for a total transaction of £8,500 ($11,207.81). Insiders own 0.82% of the company’s stock.

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.