CT Private Equity Trust (LON:CTPE) Issues Earnings Results

CT Private Equity Trust (LON:CTPE) posted its earnings results on Friday. The company reported GBX 2.30 ($0.03) EPS for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a net margin of 59.97% and a return on equity of 1.10%.

CT Private Equity Trust Price Performance

CTPE traded up GBX 0.23 ($0.00) on Friday, hitting GBX 465.23 ($6.02). The company had a trading volume of 56,189 shares, compared to its average volume of 75,417. CT Private Equity Trust has a 1-year low of GBX 415 ($5.37) and a 1-year high of GBX 531.42 ($6.88). The company’s fifty day moving average price is GBX 484.70 and its 200 day moving average price is GBX 465.49. The stock has a market cap of £333.53 million, a price-to-earnings ratio of 61.91 and a beta of 0.75.

CT Private Equity Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Investors of record on Thursday, April 3rd will be paid a GBX 11.50 ($0.15) dividend. This represents a dividend yield of 3.55%. This is an increase from CT Private Equity Trust’s previous dividend of $7.01. The ex-dividend date is Thursday, April 3rd. CT Private Equity Trust’s dividend payout ratio (DPR) is presently 372.61%.

CT Private Equity Trust Company Profile

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.