Baillie Gifford European Growth Trust plc (LON:BGEU) Insider David Barron Acquires 20,600 Shares

Baillie Gifford European Growth Trust plc (LON:BGEU) insider David Barron purchased 20,600 shares of Baillie Gifford European Growth Trust stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of GBX 87 ($1.10) per share, for a total transaction of £17,922 ($22,717.71).

Baillie Gifford European Growth Trust Stock Performance

Shares of BGEU stock opened at GBX 87.60 ($1.11) on Friday. The business’s fifty day simple moving average is GBX 86.99 and its 200-day simple moving average is GBX 91.80. The company has a market cap of £309.58 million, a PE ratio of 1,251.43 and a beta of 1.06. The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89. Baillie Gifford European Growth Trust plc has a 12-month low of GBX 83 ($1.05) and a 12-month high of GBX 101.80 ($1.29).

Baillie Gifford European Growth Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 9th will be given a GBX 0.60 ($0.01) dividend. This represents a dividend yield of 0.71%. This is an increase from Baillie Gifford European Growth Trust’s previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, January 9th. Baillie Gifford European Growth Trust’s dividend payout ratio is presently 1,428.57%.

Baillie Gifford European Growth Trust Company Profile

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.