Fidelity Emerging Markets (LON:FEML - Get Free Report) fell 0.9% during trading on Thursday . The company traded as low as GBX 665 ($8.47) and last traded at GBX 671 ($8.55). 34,064 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 169,954 shares. The stock had previously closed at GBX 677 ($8.62).
Fidelity Emerging Markets Stock Performance
The company has a market cap of £610.19 million, a price-to-earnings ratio of 5,184.62 and a beta of 0.64. The company's fifty day moving average is GBX 684.37 and its two-hundred day moving average is GBX 692.83.
Fidelity Emerging Markets Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 14th will be paid a $0.20 dividend. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 2.24%. This is a positive change from Fidelity Emerging Markets's previous dividend of $0.19. Fidelity Emerging Markets's dividend payout ratio is presently 11,538.46%.
Insider Buying and Selling
In related news, insider Mark Little purchased 2,850 shares of the firm's stock in a transaction on Monday, October 14th. The stock was bought at an average cost of GBX 701 ($8.93) per share, with a total value of £19,978.50 ($25,447.08). 0.08% of the stock is currently owned by corporate insiders.
About Fidelity Emerging Markets
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Get Free Report)
Fidelity Emerging Markets Limited is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity markets of emerging countries across the globe. The fund invests in stocks of companies operating across diversified sectors.
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