Fidelity European Trust (LON:FEV) Announces Dividend of GBX 5.50

Fidelity European Trust (LON:FEV) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 5.50 ($0.07) per share on Tuesday, May 13th. This represents a dividend yield of 1.36%. The ex-dividend date is Thursday, March 27th. This is a 52.8% increase from Fidelity European Trust’s previous dividend of $3.60. The official announcement can be seen at this link.

Fidelity European Trust Price Performance

Shares of FEV stock opened at GBX 401.30 ($5.20) on Friday. Fidelity European Trust has a 1-year low of GBX 342.50 ($4.44) and a 1-year high of GBX 412.50 ($5.35). The stock’s 50-day moving average is GBX 387.82 and its 200 day moving average is GBX 372.46. The company has a market cap of £1.65 billion, a P/E ratio of 7.95 and a beta of 0.80.

Fidelity European Trust (LON:FEV) last issued its quarterly earnings results on Thursday, March 20th. The company reported GBX 10.41 ($0.13) earnings per share for the quarter. Fidelity European Trust had a return on equity of 12.65% and a net margin of 93.84%. On average, analysts anticipate that Fidelity European Trust will post 62.9906542 EPS for the current year.

About Fidelity European Trust

Fidelity European Trust PLC aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

The Trust invests predominantly in continental European equities (and their related securities) and up to 20% of gross assets may be invested in companies outside of the continent.