Fidelity European Trust (LON:FEV) Plans Dividend Increase - GBX 5.50 Per Share

Fidelity European Trust (LON:FEV - Get Free Report) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 5.50 ($0.07) per share on Tuesday, May 13th. This represents a 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 traded up GBX 0.25 ($0.00) on Tuesday, hitting GBX 401.25 ($5.19). The stock had a trading volume of 1,672,169 shares, compared to its average volume of 879,891. The company's 50 day moving average price is GBX 390.40 and its 200-day moving average price is GBX 372.69. Fidelity European Trust has a 1 year low of GBX 342.50 ($4.43) and a 1 year high of GBX 412.50 ($5.34). The firm has a market capitalization of £1.65 billion, a P/E ratio of 7.95 and a beta of 0.80.

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

Fidelity European Trust Company Profile

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.