Baillie Gifford European Growth Trust (LON:BGEU) Trading 0.2% Higher

Baillie Gifford European Growth Trust plc (LON:BGEU) traded up 0.2% on Thursday . The company traded as high as GBX 89.70 ($1.13) and last traded at GBX 88.40 ($1.11). 151,293 shares were traded during trading, a decline of 77% from the average session volume of 646,122 shares. The stock had previously closed at GBX 88.20 ($1.11).

Baillie Gifford European Growth Trust Trading Down 0.1 %

The firm has a 50-day moving average of GBX 92.56 and a 200-day moving average of GBX 93.47. The company has a debt-to-equity ratio of 16.93, a quick ratio of 4.20 and a current ratio of 4.20. The firm has a market capitalization of £315.92 million, a P/E ratio of -131.94 and a beta of 1.01.

Baillie Gifford European Growth Trust Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 17th will be given a GBX 2.20 ($0.03) dividend. This is a positive change from Baillie Gifford European Growth Trust’s previous dividend of $0.70. This represents a dividend yield of 2.32%. The ex-dividend date is Thursday, August 17th. Baillie Gifford European Growth Trust’s dividend payout ratio (DPR) is currently -149.25%.

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.