Utilico Emerging Markets Trust PLC (LON:UEM) Insider Mark Bridgeman Purchases 2,454 Shares of Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman purchased 2,454 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were bought at an average price of GBX 212 ($2.62) per share, with a total value of £5,202.48 ($6,439.51).

Mark Bridgeman also recently made the following trade(s):

• On Tuesday, October 8th, Mark Bridgeman acquired 18,500 shares of Utilico Emerging Markets Trust stock. The stock was purchased at an average price of GBX 216 ($2.67) per share, for a total transaction of £39,960 ($49,461.57).

Utilico Emerging Markets Trust Stock Performance

LON UEM opened at GBX 210 ($2.60) on Friday. The company’s 50 day moving average is GBX 209.43 and its 200-day moving average is GBX 216.38. The company has a quick ratio of 0.41, a current ratio of 2.59 and a debt-to-equity ratio of 2.29. Utilico Emerging Markets Trust PLC has a 12-month low of GBX 200 ($2.48) and a 12-month high of GBX 241 ($2.98). The firm has a market cap of £394.61 million, a P/E ratio of 724.14 and a beta of 0.59.

Utilico Emerging Markets Trust Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, November 28th were paid a GBX 2.33 ($0.03) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.12%. This is an increase from Utilico Emerging Markets Trust’s previous dividend of $2.15. Utilico Emerging Markets Trust’s dividend payout ratio (DPR) is currently 3,103.45%.

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.