Baillie Gifford European Growth Trust plc (LON:BGEU) Insider Acquires £17,922 in Stock

Baillie Gifford European Growth Trust plc (LON:BGEU) insider David Barron bought 20,600 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of GBX 87 ($1.11) per share, with a total value of £17,922 ($22,862.61).

Baillie Gifford European Growth Trust Price Performance

BGEU stock opened at GBX 87.20 ($1.11) on Thursday. The company has a debt-to-equity ratio of 12.89, a quick ratio of 4.20 and a current ratio of 4.16. The business has a 50-day simple moving average of GBX 87.11 and a two-hundred day simple moving average of GBX 91.87. The company has a market capitalization of £308.16 million, a P/E ratio of 1,241.43 and a beta of 1.06. Baillie Gifford European Growth Trust plc has a 52-week low of GBX 83 ($1.06) and a 52-week high of GBX 101.80 ($1.30).

Baillie Gifford European Growth Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 9th will be given a dividend of GBX 0.60 ($0.01) per share. This is a boost from Baillie Gifford European Growth Trust’s previous dividend of $0.40. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 0.71%. Baillie Gifford European Growth Trust’s payout ratio is presently 1,428.57%.

Baillie Gifford European Growth Trust Company Profile

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.