European Assets Trust PLC (LON:EAT) to Issue Dividend of GBX 1.48

European Assets Trust PLC (LON:EAT) announced a dividend on Wednesday, June 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be given a dividend of GBX 1.48 ($0.02) per share on Wednesday, July 31st. This represents a yield of 1.69%. The ex-dividend date is Thursday, July 4th. The official announcement can be seen at this link.

European Assets Trust Trading Down 0.2 %

EAT stock traded down GBX 0.20 ($0.00) during mid-day trading on Wednesday, reaching GBX 87.20 ($1.11). The company’s stock had a trading volume of 352,176 shares, compared to its average volume of 527,570. The company has a market cap of £313.98 million, a price-to-earnings ratio of 878.40 and a beta of 1.05. The business’s 50 day moving average price is GBX 88.47 and its 200 day moving average price is GBX 86.97. The company has a current ratio of 0.20, a quick ratio of 1.35 and a debt-to-equity ratio of 7.34. European Assets Trust has a 12 month low of GBX 73 ($0.93) and a 12 month high of GBX 92.20 ($1.17).

Insiders Place Their Bets

In other European Assets Trust news, insider Kate Cornish Bowden bought 30,000 shares of the stock in a transaction on Tuesday, May 21st. The stock was acquired at an average cost of GBX 90 ($1.14) per share, for a total transaction of £27,000 ($34,250.92). In other European Assets Trust news, insider Kate Cornish Bowden acquired 30,000 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were acquired at an average price of GBX 90 ($1.14) per share, with a total value of £27,000 ($34,250.92). Also, insider Kevin Troup acquired 11,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was acquired at an average cost of GBX 88 ($1.12) per share, for a total transaction of £9,680 ($12,279.59). 0.79% of the stock is currently owned by corporate 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.