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

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

Invesco Global Equity Income Trust Stock Performance

LON IGET traded down GBX 0.36 ($0.00) during trading hours on Friday, reaching GBX 343.64 ($4.33). The company’s stock had a trading volume of 66,270 shares, compared to its average volume of 112,606. Invesco Global Equity Income Trust has a 52 week low of GBX 266 ($3.35) and a 52 week high of GBX 354.08 ($4.46). The business has a 50-day simple moving average of GBX 317.34 and a 200 day simple moving average of GBX 302.60.

Invesco Global Equity Income Trust Announces Dividend

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

Insider Buying and Selling

In other news, insider Helen Galbraith acquired 14,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average price of GBX 312 ($3.93) per share, with a total value of £43,680 ($55,054.20).

Invesco Global Equity Income Trust Company Profile

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.