The European Smaller Companies Trust PLC (LON:ESCT) to Issue Dividend of GBX 1.45

The European Smaller Companies Trust PLC (LON:ESCT) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 1.45 ($0.02) per share on Friday, May 2nd. This represents a yield of 0.77%. The ex-dividend date of this dividend is Thursday, April 3rd. The official announcement can be accessed at this link.

The European Smaller Companies Trust Stock Performance

Shares of ESCT opened at GBX 188.87 ($2.45) on Friday. The company’s 50 day moving average price is GBX 180.99 and its 200 day moving average price is GBX 175.73. The European Smaller Companies Trust has a 52 week low of GBX 163.40 ($2.12) and a 52 week high of GBX 190.65 ($2.47). The company has a market capitalization of £744.98 million, a PE ratio of 8.90 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a quick ratio of 0.04 and a current ratio of 0.08.

The European Smaller Companies Trust (LON:ESCT) last posted its earnings results on Thursday, March 20th. The company reported GBX 1.19 ($0.02) earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Company Profile

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.