European Opportunities Trust plc (LON:EOT – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as GBX 849 ($10.43) and last traded at GBX 847 ($10.40), with a volume of 503 shares. The stock had previously closed at GBX 848 ($10.41).
European Opportunities Trust Price Performance
The firm has a market capitalization of £818.79 million, a PE ratio of 3,686.96 and a beta of 0.85. The company has a current ratio of 0.12, a quick ratio of 0.11 and a debt-to-equity ratio of 8.69. The company has a fifty day moving average price of GBX 792.67 and a two-hundred day moving average price of GBX 787.12.
European Opportunities Trust Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, November 27th. Stockholders of record on Thursday, November 2nd will be issued a GBX 3.50 ($0.04) dividend. This is an increase from European Opportunities Trust’s previous dividend of $2.50. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, November 2nd. European Opportunities Trust’s dividend payout ratio is presently 1,739.13%.
About European Opportunities Trust
European Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Devon Equity Management Limited. The fund is co-managed by FundRock Management Company SA It invests in the public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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