CT Private Equity Trust PLC (LON:CTPE) Plans Dividend Increase – GBX 11.50 Per Share

CT Private Equity Trust PLC (LON:CTPE) announced a dividend on Wednesday, March 26th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 11.50 ($0.15) per share on Wednesday, April 9th. This represents a dividend yield of 3.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 64.1% increase from CT Private Equity Trust’s previous dividend of $7.01. The official announcement can be viewed at this link.

CT Private Equity Trust Stock Down 0.2 %

CTPE stock traded down GBX 1 ($0.01) during midday trading on Thursday, hitting GBX 466 ($6.00). The company’s stock had a trading volume of 58,984 shares, compared to its average volume of 75,824. The firm has a market capitalization of £334.08 million, a price-to-earnings ratio of 62.01 and a beta of 0.75. CT Private Equity Trust has a 12 month low of GBX 415 ($5.34) and a 12 month high of GBX 531.42 ($6.84). The company has a 50 day moving average of GBX 485.22 and a two-hundred day moving average of GBX 465.48.

About CT Private Equity Trust

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.