Utilico Emerging Markets Trust PLC Announces Dividend of GBX 2.15 (LON:UEM)

Utilico Emerging Markets Trust PLC (LON:UEM) declared a dividend on Friday, May 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 6th will be paid a dividend of GBX 2.15 ($0.03) per share on Friday, June 28th. This represents a yield of 0.93%. The ex-dividend date of this dividend is Thursday, June 6th. The official announcement can be seen at this link.

Utilico Emerging Markets Trust Price Performance

Shares of LON UEM opened at GBX 230 ($2.92) on Friday. Utilico Emerging Markets Trust has a twelve month low of GBX 203.26 ($2.58) and a twelve month high of GBX 241 ($3.06). The company has a current ratio of 0.19, a quick ratio of 0.41 and a debt-to-equity ratio of 2.29. The firm has a 50-day moving average of GBX 225.26 and a two-hundred day moving average of GBX 224.87. The company has a market capitalization of £436.45 million, a price-to-earnings ratio of 920.00 and a beta of 0.60.

Insider Buying and Selling

In other Utilico Emerging Markets Trust news, insider John Rennocks purchased 3,271 shares of the firm’s stock in a transaction on Monday, April 8th. The shares were purchased at an average price of GBX 219 ($2.78) per share, for a total transaction of £7,163.49 ($9,104.59). In other news, insider Eric St Clair Stobart acquired 3,250 shares of Utilico Emerging Markets Trust stock in a transaction on Tuesday, April 2nd. The stock was bought at an average cost of GBX 221 ($2.81) per share, with a total value of £7,182.50 ($9,128.75). Also, insider John Rennocks bought 3,271 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was purchased at an average price of GBX 219 ($2.78) per share, with a total value of £7,163.49 ($9,104.59). Insiders own 2.38% of the company’s stock.

About Utilico Emerging Markets Trust

Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.