Mark Little Buys 2,850 Shares of Fidelity Emerging Markets (LON:FEML) Stock

Fidelity Emerging Markets (LON:FEML - Get Free Report) insider Mark Little purchased 2,850 shares of the company's stock in a transaction that occurred on Monday, October 14th. The stock was acquired at an average cost of GBX 701 ($9.15) per share, with a total value of £19,978.50 ($26,088.40).

Fidelity Emerging Markets Stock Down 1.0 %

FEML stock traded down GBX 7.10 ($0.09) during midday trading on Tuesday, reaching GBX 683 ($8.92). 58,656 shares of the company's stock traded hands, compared to its average volume of 184,490. The company has a 50-day simple moving average of GBX 687.64 and a two-hundred day simple moving average of GBX 686.78. Fidelity Emerging Markets has a 1-year low of GBX 571 ($7.46) and a 1-year high of GBX 740.30 ($9.67). The company has a market cap of £622.21 million, a price-to-earnings ratio of 5,307.69 and a beta of 0.64.

Fidelity Emerging Markets Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.20 per share. This is an increase from Fidelity Emerging Markets's previous dividend of $0.19. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 2.24%. Fidelity Emerging Markets's dividend payout ratio is currently 11,538.46%.

About Fidelity Emerging Markets

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.