Utilico Emerging Markets Trust PLC (LON:UEM) Insider Purchases £5,976.28 in Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Isabel Liu acquired 2,819 shares of Utilico Emerging Markets Trust stock in a transaction dated Tuesday, December 31st. The shares were acquired at an average price of GBX 212 ($2.65) per share, with a total value of £5,976.28 ($7,477.83).

Utilico Emerging Markets Trust Price Performance

Shares of UEM traded down GBX 2.19 ($0.03) during midday trading on Thursday, reaching GBX 210.81 ($2.64). The stock had a trading volume of 61,898 shares, compared to its average volume of 271,080. The company has a debt-to-equity ratio of 2.29, a current ratio of 2.59 and a quick ratio of 0.41. The company has a market capitalization of £396.14 million, a P/E ratio of 726.94 and a beta of 0.59. The firm’s 50 day moving average price is GBX 209.49 and its 200-day moving average price is GBX 216.42. Utilico Emerging Markets Trust PLC has a 52 week low of GBX 200 ($2.50) and a 52 week high of GBX 241 ($3.02).

Utilico Emerging Markets Trust Increases Dividend

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

Utilico Emerging Markets Trust Company Profile

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.