European Assets Trust PLC (LON:EAT) Insider Purchases £8,500 in Stock

European Assets Trust PLC (LON:EAT) insider Monica Tepes bought 10,000 shares of European Assets Trust stock in a transaction dated Wednesday, February 12th. The shares were bought at an average cost of GBX 85 ($1.07) per share, with a total value of £8,500 ($10,698.55).

European Assets Trust Stock Up 0.5 %

European Assets Trust stock opened at GBX 85.60 ($1.08) on Friday. The firm has a 50 day moving average price of GBX 82.37 and a 200-day moving average price of GBX 83.66. The company has a market capitalization of £307.85 million, a P/E ratio of 11.02 and a beta of 1.05. European Assets Trust PLC has a twelve month low of GBX 79.12 ($1.00) and a twelve month high of GBX 92.20 ($1.16).

European Assets Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a GBX 1.38 ($0.02) dividend. This represents a yield of 1.68%. The ex-dividend date of this dividend was Thursday, January 16th. European Assets Trust’s dividend payout ratio (DPR) is presently 77.21%.

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.