Baillie Gifford European Growth Trust (LON:BGEU) Trading Up 0.7% - Here's What Happened

Baillie Gifford European Growth Trust plc (LON:BGEU - Get Free Report)'s stock price traded up 0.7% on Monday . The company traded as high as GBX 92.60 ($1.23) and last traded at GBX 91.80 ($1.22). 150,346 shares were traded during mid-day trading, a decline of 70% from the average session volume of 504,285 shares. The stock had previously closed at GBX 91.20 ($1.21).

Baillie Gifford European Growth Trust Trading Up 0.9 %

The business has a fifty day moving average of GBX 94.40 and a 200-day moving average of GBX 90.44. The company has a market cap of £325.68 million, a PE ratio of 7.14 and a beta of 1.06.

Baillie Gifford European Growth Trust Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 9th were issued a dividend of GBX 0.60 ($0.01) per share. This is an increase from Baillie Gifford European Growth Trust's previous dividend of $0.40. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 0.71%. Baillie Gifford European Growth Trust's dividend payout ratio is 7.58%.

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.