The European Smaller Companies Trust PLC (LON:ESCT) to Issue Dividend of GBX 1.45

The European Smaller Companies Trust PLC (LON:ESCT) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 1.45 ($0.02) per share on Friday, May 2nd. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, April 3rd. The official announcement can be viewed at this link.

The European Smaller Companies Trust Stock Performance

The European Smaller Companies Trust stock opened at GBX 188.87 ($2.45) on Friday. The firm’s 50 day simple moving average is GBX 180.99 and its 200-day simple moving average is GBX 175.73. The company has a market cap of £744.98 million, a P/E ratio of 8.90 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a current ratio of 0.08 and a quick ratio of 0.04. The European Smaller Companies Trust has a fifty-two week low of GBX 163.40 ($2.12) and a fifty-two week high of GBX 190.65 ($2.47).

The European Smaller Companies Trust (LON:ESCT) last released its earnings results on Thursday, March 20th. The company reported GBX 1.19 ($0.02) earnings per share for the quarter. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Company Profile

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.