Global Opportunities Trust plc (LON:GOT - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 292.07 ($3.90) and traded as high as GBX 298 ($3.98). Global Opportunities Trust shares last traded at GBX 298 ($3.98), with a volume of 6,234 shares trading hands.
Global Opportunities Trust Stock Performance
The stock has a 50 day moving average of GBX 292.29 and a 200-day moving average of GBX 288.19. The firm has a market capitalization of £87.63 million, a P/E ratio of 1,578.42 and a beta of 0.42.
Global Opportunities Trust Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, June 5th will be paid a dividend of GBX 10 ($0.13) per share. The ex-dividend date of this dividend is Thursday, June 5th. This is a boost from Global Opportunities Trust's previous dividend of $5.00. This represents a dividend yield of 3.45%. Global Opportunities Trust's payout ratio is 2,631.58%.
Insider Activity at Global Opportunities Trust
In related news, insider Sandy Nairn acquired 10,000 shares of the business's stock in a transaction on Wednesday, April 9th. The stock was acquired at an average cost of GBX 282 ($3.77) per share, with a total value of £28,200 ($37,665.29). 38.90% of the stock is owned by corporate insiders.
Global Opportunities Trust Company Profile
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EP Global Opportunities 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 across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors.
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