European Assets Trust PLC to Issue Dividend of GBX 1.48 (LON:EAT)

European Assets Trust PLC (LON:EATGet Free Report) announced a dividend on Wednesday, March 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 1.48 ($0.02) per share on Tuesday, April 30th. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 4th. The official announcement can be viewed at this link.

European Assets Trust Stock Performance

European Assets Trust stock opened at GBX 87 ($1.09) on Tuesday. The stock has a 50-day simple moving average of GBX 86.29 and a 200 day simple moving average of GBX 84. The stock has a market capitalization of £313.26 million, a P/E ratio of 974.42 and a beta of 1.04. The company has a debt-to-equity ratio of 4.83, a quick ratio of 1.35 and a current ratio of 1.04. European Assets Trust has a 52 week low of GBX 73 ($0.92) and a 52 week high of GBX 95.70 ($1.20).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their target price on European Assets Trust from GBX 1,086 ($13.63) to GBX 1,437 ($18.04) and gave the stock a “neutral” rating in a research note on Wednesday, December 6th.

View Our Latest Stock Analysis on European Assets Trust

Insiders Place Their Bets

In other news, insider Kevin Troup bought 10,000 shares of the firm’s stock in a transaction dated Friday, March 22nd. The shares were bought at an average price of GBX 87 ($1.09) per share, with a total value of £8,700 ($10,921.42). Company insiders own 0.79% of the company’s stock.

European Assets Trust Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for European Assets Trust (LON:EAT)

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