Utilico Emerging Markets Trust PLC (LON:UEM) announced a dividend on Tuesday, November 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 1.93 ($0.03) per share on Friday, December 20th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, November 28th. This is a positive change from Utilico Emerging Markets Trust’s previous dividend of $1.80. The official announcement can be accessed at this link.
Utilico Emerging Markets Trust stock opened at GBX 228.50 ($2.99) on Tuesday. The stock has a 50-day moving average of GBX 232.95 and a two-hundred day moving average of GBX 228.36. The company has a debt-to-equity ratio of 6.62, a quick ratio of 3.72 and a current ratio of 3.72. Utilico Emerging Markets Trust has a one year low of GBX 2.30 ($0.03) and a one year high of GBX 255 ($3.33). The stock has a market cap of $521.11 million and a PE ratio of 4.89.
In other news, insider Anthony Muh acquired 3,510 shares of Utilico Emerging Markets Trust stock in a transaction dated Friday, September 27th. The stock was purchased at an average cost of GBX 240 ($3.14) per share, for a total transaction of £8,424 ($11,007.45). Also, insider Eric St Clair Stobart acquired 4,750 shares of Utilico Emerging Markets Trust stock in a transaction dated Monday, October 14th. The stock was purchased at an average price of GBX 237 ($3.10) per share, with a total value of £11,257.50 ($14,709.92).
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.
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