Utilico Emerging Markets Trust PLC (LON:UEM) Insider Purchases £5,202.48 in Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman acquired 2,454 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were acquired at an average cost of GBX 212 ($2.65) per share, for a total transaction of £5,202.48 ($6,509.61).

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

• On Tuesday, October 8th, Mark Bridgeman bought 18,500 shares of Utilico Emerging Markets Trust stock. The shares were acquired at an average price of GBX 216 ($2.70) per share, with a total value of £39,960 ($50,000.00).

Utilico Emerging Markets Trust Stock Down 1.0 %

UEM stock traded down GBX 2.19 ($0.03) on Thursday, reaching GBX 210.81 ($2.64). 61,898 shares of the company traded hands, compared to its average volume of 271,080. The firm has a fifty day simple moving average of GBX 209.49 and a 200-day simple moving average of GBX 216.42. The company has a market cap of £396.14 million, a P/E ratio of 726.94 and a beta of 0.59. Utilico Emerging Markets Trust PLC has a one year low of GBX 200 ($2.50) and a one year high of GBX 241 ($3.02). The company has a debt-to-equity ratio of 2.29, a current ratio of 2.59 and a quick ratio of 0.41.

Utilico Emerging Markets Trust Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, November 28th were given a GBX 2.33 ($0.03) dividend. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, November 28th. This is a positive change from Utilico Emerging Markets Trust’s previous dividend of $2.15. Utilico Emerging Markets Trust’s payout ratio 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.