Montanaro European Smaller Co.s Trust (LON:MTE) Declares Dividend Increase – GBX 7.25 Per Share

Montanaro European Smaller Co.s Trust (LON:MTE) announced a dividend on Wednesday, June 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 7.25 ($0.09) per share on Tuesday, September 17th. This represents a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 15th. This is a boost from Montanaro European Smaller Co.s Trust’s previous dividend of $1.75. The official announcement can be seen at this link.

Shares of Montanaro European Smaller Co.s Trust stock opened at GBX 1,062.20 ($13.88) on Wednesday. The firm has a market capitalization of $177.74 million and a P/E ratio of 8.99. The company has a debt-to-equity ratio of 5.07, a current ratio of 39.65 and a quick ratio of 39.65. Montanaro European Smaller Co.s Trust has a 12-month low of GBX 9.98 ($0.13) and a 12-month high of GBX 1,110 ($14.50). The business’s 50-day moving average price is GBX 1,094.67.

Montanaro European Smaller Co.s Trust Company Profile

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.

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Dividend History for Montanaro European Smaller Co.s Trust (LON:MTE)

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