Insider Buying: Baillie Gifford European Growth Trust plc (LON:BGEU) Insider Purchases £8,500 in Stock

Baillie Gifford European Growth Trust plc (LON:BGEU) insider Andrew Watkins bought 10,000 shares of Baillie Gifford European Growth Trust stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of GBX 85 ($1.08) per share, with a total value of £8,500 ($10,789.54).

Baillie Gifford European Growth Trust Trading Up 0.5 %

Shares of BGEU opened at GBX 85 ($1.08) on Friday. The business’s 50-day moving average price is GBX 87.93 and its 200 day moving average price is GBX 92.77. 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 stock has a market capitalization of £300.39 million, a P/E ratio of 1,214.29 and a beta of 1.06. Baillie Gifford European Growth Trust plc has a 1-year low of GBX 83 ($1.05) and a 1-year high of GBX 101.80 ($1.29).

Baillie Gifford European Growth Trust Increases Dividend

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