Fidelity European Trust (LON:FEV) Sets New 52-Week High at $408.50

Fidelity European Trust (LON:FEVGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as GBX 408.50 ($5.13) and last traded at GBX 407.85 ($5.12), with a volume of 78604 shares trading hands. The stock had previously closed at GBX 406.50 ($5.11).

Fidelity European Trust Stock Up 0.2 %

The stock has a fifty day simple moving average of GBX 388.34 and a 200-day simple moving average of GBX 362.40. The company has a market capitalization of £1.67 billion, a P/E ratio of 700.86 and a beta of 0.80.

Fidelity European Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Thursday, March 28th will be issued a GBX 4.99 ($0.06) dividend. This is an increase from Fidelity European Trust’s previous dividend of $3.26. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, March 28th. Fidelity European Trust’s payout ratio is presently 1,379.31%.

About Fidelity European Trust

(Get Free Report)

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.

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