The European Equity Fund, Inc. (NYSE:EEA - Get Free Report) announced a semi-annual dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.141 per share by the financial services provider on Friday, January 31st. This represents a yield of 2.1%. The ex-dividend date is Monday, December 30th. This is an increase from The European Equity Fund's previous semi-annual dividend of $0.04.
The European Equity Fund has decreased its dividend payment by an average of 3.8% annually over the last three years.
The European Equity Fund Stock Performance
Shares of The European Equity Fund stock remained flat at $8.52 during trading hours on Thursday. 5,684 shares of the stock were exchanged, compared to its average volume of 9,167. The European Equity Fund has a one year low of $8.24 and a one year high of $9.47. The business's 50 day moving average price is $8.70 and its 200 day moving average price is $8.97.
The European Equity Fund Company Profile
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The European Equity Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors.
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