Utilico Emerging Markets Trust (LON:UEM) Hits New 52-Week High at $227.00
Utilico Emerging Markets Trust PLC (LON:UEM) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 227 ($2.97) and last traded at GBX 228.92 ($2.99), with a volume of 16666 shares changing hands. The stock had previously closed at GBX 228.50 ($2.99).
The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 78.79. The company has a market cap of $528.57 million and a P/E ratio of -12.04.
The company also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 6th will be paid a GBX 1.80 ($0.02) dividend. This represents a yield of 0.81%. The ex-dividend date is Thursday, June 6th. Utilico Emerging Markets Trust’s payout ratio is presently -0.37%.
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About Utilico Emerging Markets Trust (LON:UEM)
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors.
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