The European Smaller Companies Trust PLC (LON:ESCT) Declares Dividend Increase – GBX 3.35 Per Share

The European Smaller Companies Trust PLC (LON:ESCT) announced a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 31st will be given a dividend of GBX 3.35 ($0.04) per share on Friday, November 29th. This represents a yield of 1.88%. The ex-dividend date of this dividend is Thursday, October 31st. This is a positive change from The European Smaller Companies Trust’s previous dividend of $1.45. The official announcement can be accessed at this link.

The European Smaller Companies Trust Price Performance

The European Smaller Companies Trust stock opened at GBX 177.50 ($2.32) on Thursday. The company’s fifty day moving average price is GBX 176.79 and its 200 day moving average price is GBX 178.56. The European Smaller Companies Trust has a 1 year low of GBX 135.50 ($1.77) and a 1 year high of GBX 190 ($2.49). The stock has a market capitalization of £700.47 million, a P/E ratio of 890.00 and a beta of 1.25. The company has a debt-to-equity ratio of 13.29, a quick ratio of 0.04 and a current ratio of 0.04.

About The European Smaller Companies Trust

TR European Growth Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of Europe. It seeks to invest in stocks of companies operating across diversified sectors.