Invesco Global Equity Income Trust (LON:IGET) Insider Sue Inglis Buys 3,000 Shares

Key Points

• Insider Sue Inglis purchased 3,000 shares of Invesco Global Equity Income Trust on May 1 at GBX 390 per share, a total of £11,700.
• Shares rose about 1.6% to GBX 391.03 on higher-than-average volume (312,242 vs. average 247,618) and are trading close to their 12-month high of GBX 394.
• IGET runs a high-conviction, globally diversified portfolio of roughly 40–45 holdings and the board targets an annual dividend of at least 4% of year-end NAV.

Invesco Global Equity Income Trust plc (LON:IGET - Get Free Report) insider Sue Inglis purchased 3,000 shares of the firm's stock in a transaction dated Friday, May 1st. The stock was purchased at an average cost of GBX 390 per share, for a total transaction of £11,700.

Invesco Global Equity Income Trust Trading Up 1.6%

Shares of Invesco Global Equity Income Trust stock traded up GBX 6.03 during trading on Friday, hitting GBX 391.03. The stock had a trading volume of 312,242 shares, compared to its average volume of 247,618. The firm has a market cap of £310.99 million and a price-to-earnings ratio of 13.14. Invesco Global Equity Income Trust plc has a 12 month low of GBX 315 and a 12 month high of GBX 394. The business's 50-day moving average is GBX 367.23 and its 200 day moving average is GBX 369.52.

Invesco Global Equity Income Trust (LON:IGET - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported GBX 2.02 earnings per share for the quarter.

Invesco Global Equity Income Trust Company Profile

Invesco Global Equity Income Trust plc (IGET) is the successor to the former Invesco Select Trust Global Equity Income Share Portfolio, part of the Invesco Select Investment Trust. Why consider Invesco Global Equity Income Trust plc? - A focus on finding quality companies at attractive prices that can grow cashflows, to provide income and growth for investors. - A high-conviction, high active share, globally diversified portfolio of around 40-45 holdings spread across sectors, geographies and market capitalisation. - An annual dividend target of at least 4% set by IGET's Board, ensuring a focus on delivering predictable income.¹ ¹ The dividend policy involves paying at least 4% calculated on the unaudited year end NAV, paid quarterly in equal amounts.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.