Insider Buying: Martin Currie Asia Unconstrand Trust PLC (MCP) Insider Buys 3,000 Shares of Stock

Martin Currie Asia Unconstrand Trust PLC (LON:MCP) insider Richard Harry Wells acquired 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The stock was acquired at an average cost of GBX 379 ($4.79) per share, for a total transaction of £11,370 ($14,383.30).

Martin Currie Asia Unconstrand Trust PLC (LON:MCP) traded up 0.94% during trading on Friday, hitting GBX 402.75. 34,291 shares of the company were exchanged. The stock’s market capitalization is GBX 145.49 million. Martin Currie Asia Unconstrand Trust PLC has a 1-year low of GBX 3.08 and a 1-year high of GBX 403.75. The firm’s 50 day moving average price is GBX 4.25 and its 200-day moving average price is GBX 4.03.

The firm also recently declared a dividend, which will be paid on Friday, August 11th. Investors of record on Thursday, July 20th will be issued a GBX 13.68 ($0.17) dividend. This represents a yield of 3.61%. The ex-dividend date is Thursday, July 20th. This is an increase from Martin Currie Asia Unconstrand Trust PLC’s previous dividend of $2.60.

WARNING: “Insider Buying: Martin Currie Asia Unconstrand Trust PLC (MCP) Insider Buys 3,000 Shares of Stock” was first reported by BBNS and is the sole property of of BBNS. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://baseballnewssource.com/markets/insider-buying-martin-currie-asia-unconstrand-trust-plc-mcp-insider-purchases-3000-shares-of-stock-updated-updated/849671.html.

About Martin Currie Asia Unconstrand Trust PLC

Martin Currie Asia Unconstrained Trust Plc is a closed-end investment trust, which invests in a diversified portfolio of assets. The Company’s objective is to achieve returns commensurate with Asia, excluding Japan nominal gross domestic product (GDP) growth. It invests approximately 10% of its total asset value in any one company or group at the time of purchase; over 10% of the issued shares of any class of equity security of an issuer to be held; approximately 15% of its assets in the shares and securities of any one company at any time, and approximately 5% of its net asset value (NAV) in Martin Currie Investment Management Limited associated funds, at time of purchase.

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