Insider Buying: Baillie Gifford European Growth Trust plc (LON:BGEU) Insider Acquires 10,000 Shares of Stock

Baillie Gifford European Growth Trust plc (LON:BGEU) insider Andrew Watkins bought 10,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of GBX 85 ($1.07) per share, for a total transaction of £8,500 ($10,675.71).

Baillie Gifford European Growth Trust Trading Up 0.2 %

Shares of Baillie Gifford European Growth Trust stock traded up GBX 0.20 ($0.00) on Tuesday, reaching GBX 85.20 ($1.07). 723,368 shares of the company were exchanged, compared to its average volume of 591,024. The stock has a fifty day moving average price of GBX 88.18 and a 200-day moving average price of GBX 92.93. The firm has a market capitalization of £301.10 million, a price-to-earnings ratio of 1,220.00 and a beta of 1.06. The company has a current ratio of 4.16, a quick ratio of 4.20 and a debt-to-equity ratio of 12.89. Baillie Gifford European Growth Trust plc has a fifty-two week low of GBX 83 ($1.04) and a fifty-two week high of GBX 101.80 ($1.28).

Baillie Gifford European Growth Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 0.60 ($0.01) per share. The ex-dividend date is Thursday, January 9th. This is a positive change from Baillie Gifford European Growth Trust’s previous dividend of $0.40. This represents a dividend yield of 0.71%. Baillie Gifford European Growth Trust’s payout ratio is 1,428.57%.

About Baillie Gifford European Growth Trust

The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.