Invesco Global Equity Income Trust (LON:IGET) Posts Quarterly Earnings Results

Invesco Global Equity Income Trust (LON:IGET) posted its earnings results on Wednesday. The company reported GBX 1.81 ($0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Invesco Global Equity Income Trust Trading Down 0.6 %

Shares of LON:IGET traded down GBX 2 ($0.03) during trading on Wednesday, hitting GBX 344 ($4.36). 39,649 shares of the company were exchanged, compared to its average volume of 115,344. The stock has a 50 day moving average of GBX 314.82 and a 200 day moving average of GBX 301.35. Invesco Global Equity Income Trust has a 52-week low of GBX 266 ($3.37) and a 52-week high of GBX 354.08 ($4.49).

Invesco Global Equity Income Trust Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were given a dividend of GBX 3.13 ($0.04) per share. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.01%.

Insiders Place Their Bets

In related news, insider Helen Galbraith bought 14,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of GBX 312 ($3.95) per share, for a total transaction of £43,680 ($55,361.22).

About Invesco Global Equity Income Trust

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.