Utilico Emerging Markets Trust PLC (LON:UEM) Plans Dividend Increase – GBX 2.33 Per Share

Utilico Emerging Markets Trust PLC (LON:UEMGet Free Report) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 2.33 ($0.03) per share on Thursday, December 19th. This represents a dividend yield of 1.12%. The ex-dividend date is Thursday, November 28th. This is a positive change from Utilico Emerging Markets Trust’s previous dividend of $2.15. The official announcement can be accessed at this link.

Utilico Emerging Markets Trust Stock Performance

Shares of LON UEM remained flat at GBX 208 ($2.62) during midday trading on Thursday. The stock had a trading volume of 416,898 shares, compared to its average volume of 274,537. The stock has a market capitalization of £390.85 million, a price-to-earnings ratio of 717.24 and a beta of 0.59. Utilico Emerging Markets Trust has a 12-month low of GBX 206 ($2.59) and a 12-month high of GBX 241 ($3.03). The company has a quick ratio of 0.41, a current ratio of 2.59 and a debt-to-equity ratio of 2.29. The stock has a 50 day moving average price of GBX 214.26 and a 200-day moving average price of GBX 220.37.

Insider Activity at Utilico Emerging Markets Trust

In other Utilico Emerging Markets Trust news, insider Mark Bridgeman bought 18,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The stock was bought at an average cost of GBX 216 ($2.72) per share, for a total transaction of £39,960 ($50,308.45). 1.82% of the stock is owned by company insiders.

About Utilico Emerging Markets Trust

(Get Free Report)

Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.

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Dividend History for Utilico Emerging Markets Trust (LON:UEM)

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