Fidelity European Trust (LON:FEV) Insider Ivan Rogers Acquires 4,180 Shares

Fidelity European Trust (LON:FEV) insider Ivan Rogers bought 4,180 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were acquired at an average price of GBX 366 ($4.78) per share, with a total value of £15,298.80 ($19,977.54).

Fidelity European Trust Trading Up 2.0 %

LON:FEV traded up GBX 7.16 ($0.09) during midday trading on Thursday, hitting GBX 368.16 ($4.81). 532,722 shares of the company were exchanged, compared to its average volume of 567,586. The company has a fifty day simple moving average of GBX 385.71 and a 200 day simple moving average of GBX 391.51. The company has a market capitalization of £1.50 billion, a PE ratio of 622.41 and a beta of 0.80. Fidelity European Trust has a fifty-two week low of GBX 311.50 ($4.07) and a fifty-two week high of GBX 412.50 ($5.39).

Fidelity European Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be given a GBX 3.60 ($0.05) dividend. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 0.93%. Fidelity European Trust’s dividend payout ratio (DPR) is presently 1,379.31%.

Fidelity European Trust Company Profile

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.