European Assets Trust PLC (LON:EAT - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 90.60 ($1.23) and last traded at GBX 90.60 ($1.23), with a volume of 1305287 shares changing hands. The stock had previously closed at GBX 88 ($1.20).
European Assets Trust Stock Performance
The firm's 50 day moving average is GBX 85.14 and its two-hundred day moving average is GBX 83.12. The stock has a market capitalization of £329.43 million, a PE ratio of 11.79 and a beta of 1.05.
European Assets Trust (LON:EAT - Get Free Report) last released its quarterly earnings data on Thursday, April 3rd. The company reported GBX 1.78 ($0.02) EPS for the quarter. European Assets Trust had a return on equity of 7.51% and a net margin of 79.65%.
European Assets Trust Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, April 23rd. Stockholders of record on Thursday, April 17th were given a dividend of GBX 4 ($0.05) per share. The ex-dividend date was Thursday, April 17th. This is a positive change from European Assets Trust's previous dividend of $1.38. This represents a dividend yield of 0.77%. European Assets Trust's dividend payout ratio (DPR) is 77.21%.
About European Assets Trust
(
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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.
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