Montanaro European Smaller (MTE) to Issue Dividend of GBX 0.30 on January 22nd

Montanaro European Smaller (LON:MTE) announced a dividend on Thursday, December 12th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 0.30 ($0.00) per share on Wednesday, January 22nd. This represents a yield of 0.21%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.

Montanaro European Smaller Stock Performance

LON MTE opened at GBX 142.75 ($1.80) on Friday. The business has a 50-day moving average price of GBX 142.16 and a 200-day moving average price of GBX 142.14. The company has a quick ratio of 0.12, a current ratio of 0.70 and a debt-to-equity ratio of 2.98. Montanaro European Smaller has a twelve month low of GBX 123.60 ($1.56) and a twelve month high of GBX 147 ($1.86). The firm has a market cap of £270.41 million, a price-to-earnings ratio of 1,781.25 and a beta of 1.17.

Insider Transactions at Montanaro European Smaller

In related news, insider Caroline Roxburgh acquired 6,855 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average cost of GBX 145 ($1.83) per share, with a total value of £9,939.75 ($12,545.44). Insiders own 1.39% of the company’s stock.

About Montanaro European Smaller

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.