The European Smaller Companies Trust PLC (LON:ESCT) to Issue Dividend of GBX 1.45

The European Smaller Companies Trust PLC (LON:ESCT) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of GBX 1.45 ($0.02) per share on Friday, May 2nd. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, April 3rd. The official announcement can be seen at this link.

The European Smaller Companies Trust Stock Performance

Shares of ESCT stock opened at GBX 187 ($2.41) on Friday. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30. The firm has a 50 day moving average of GBX 181.25 and a 200-day moving average of GBX 175.80. The company has a market cap of £737.60 million, a price-to-earnings ratio of 8.82 and a beta of 1.25. The European Smaller Companies Trust has a 52 week low of GBX 163.40 ($2.11) and a 52 week high of GBX 190.65 ($2.46).

The European Smaller Companies Trust (LON:ESCT) last posted its earnings results on Thursday, March 20th. The company reported GBX 1.19 ($0.02) earnings per share for the quarter. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

About The European Smaller Companies Trust

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.