Baillie Gifford European Growth Trust plc (BGEU) To Go Ex-Dividend on January 9th

Baillie Gifford European Growth Trust plc (LON:BGEU) declared a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 0.60 ($0.01) per share on Friday, February 14th. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from Baillie Gifford European Growth Trust’s previous dividend of $0.40. The official announcement can be seen at this link.

Baillie Gifford European Growth Trust Stock Performance

LON BGEU opened at GBX 84.70 ($1.07) on Thursday. The company has a market cap of £299.33 million, a PE ratio of 1,208.57 and a beta of 1.06. The stock’s 50 day simple moving average is GBX 87.93 and its 200-day simple moving average is GBX 92.77. Baillie Gifford European Growth Trust has a 1-year low of GBX 83 ($1.05) and a 1-year high of GBX 101.80 ($1.29). The company has a debt-to-equity ratio of 12.89, a current ratio of 4.16 and a quick ratio of 4.20.

Insider Activity

In related news, insider Andrew Watkins acquired 10,000 shares of Baillie Gifford European Growth Trust stock in a transaction that occurred on Friday, November 22nd. The shares were purchased at an average price of GBX 85 ($1.08) per share, for a total transaction of £8,500 ($10,775.86). Company insiders own 6.90% of the company’s stock.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.