The Global Smaller Companies Trust (LON:GSCT) Shares Up 1%

The Global Smaller Companies Trust (LON:GSCT) was up 1% during trading on Thursday . The stock traded as high as GBX 163.40 ($2.14) and last traded at GBX 163 ($2.13). Approximately 559,188 shares traded hands during trading, a decline of 15% from the average daily volume of 660,833 shares. The stock had previously closed at GBX 161.40 ($2.11).

The Global Smaller Companies Trust Stock Performance

The company has a debt-to-equity ratio of 6.69, a quick ratio of 0.64 and a current ratio of 0.96. The company has a fifty day moving average of GBX 164.79 and a two-hundred day moving average of GBX 161.38. The company has a market cap of £831.45 million, a price-to-earnings ratio of -2,750.00 and a beta of 1.01.

The Global Smaller Companies Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, August 20th. Shareholders of record on Thursday, July 11th were paid a GBX 2.13 ($0.03) dividend. This represents a dividend yield of 1.33%. This is a positive change from The Global Smaller Companies Trust’s previous dividend of $0.68. The ex-dividend date of this dividend was Thursday, July 11th. The Global Smaller Companies Trust’s dividend payout ratio (DPR) is -3,333.33%.

The Global Smaller Companies Trust Company Profile

BMO Global Smaller Companies PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of small cap companies.