David Barron Purchases 20,600 Shares of Baillie Gifford European Growth Trust plc (LON:BGEU) Stock

Baillie Gifford European Growth Trust plc (LON:BGEU) insider David Barron acquired 20,600 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of GBX 87 ($1.11) per share, with a total value of £17,922 ($22,845.12).

Baillie Gifford European Growth Trust Stock Performance

BGEU traded down GBX 1 ($0.01) during trading hours on Tuesday, hitting GBX 86.80 ($1.11). The company’s stock had a trading volume of 1,561,090 shares, compared to its average volume of 602,029. Baillie Gifford European Growth Trust plc has a fifty-two week low of GBX 83 ($1.06) and a fifty-two week high of GBX 101.80 ($1.30). The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89. The firm has a market capitalization of £306.75 million, a PE ratio of 1,244.86 and a beta of 1.06. The company has a 50-day simple moving average of GBX 87.18 and a 200 day simple moving average of GBX 91.96.

Baillie Gifford European Growth Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 9th will be paid a GBX 0.60 ($0.01) dividend. This is a boost from Baillie Gifford European Growth Trust’s previous dividend of $0.40. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 0.71%. Baillie Gifford European Growth Trust’s payout ratio is presently 1,428.57%.

Baillie Gifford European Growth Trust Company Profile

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.