Montanaro European Smaller Co.s Trust (LON:MTE) Raises Dividend to GBX 7.25 Per Share

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Montanaro European Smaller Co.s Trust (LON:MTE) declared a dividend on Wednesday, June 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be paid a dividend of GBX 7.25 ($0.09) per share on Tuesday, September 17th. This represents a yield of 0.7%. The ex-dividend date is Thursday, August 15th. This is a positive change from Montanaro European Smaller Co.s Trust’s previous dividend of $1.75. The official announcement can be accessed at this link.

LON MTE opened at GBX 1,062.20 ($13.88) on Wednesday. The company has a debt-to-equity ratio of 5.07, a current ratio of 39.65 and a quick ratio of 39.65. The stock’s fifty day moving average price is GBX 1,094.67. Montanaro European Smaller Co.s Trust has a 1 year low of GBX 9.98 ($0.13) and a 1 year high of GBX 1,110 ($14.50). The company has a market capitalization of $177.74 million and a price-to-earnings ratio of 8.99.

About Montanaro European Smaller Co.s Trust

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.

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Dividend History for Montanaro European Smaller Co.s Trust (LON:MTE)

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