Utilico Emerging Markets Trust PLC (LON:UEM) Insider Buys £5,202.48 in Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman bought 2,454 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was acquired at an average price of GBX 212 ($2.62) per share, for a total transaction of £5,202.48 ($6,439.51).

Mark Bridgeman also recently made the following trade(s):

• On Tuesday, October 8th, Mark Bridgeman acquired 18,500 shares of Utilico Emerging Markets Trust stock. The shares were acquired at an average cost of GBX 216 ($2.67) per share, with a total value of £39,960 ($49,461.57).

Utilico Emerging Markets Trust Trading Down 1.4 %

Shares of UEM opened at GBX 210 ($2.60) on Friday. Utilico Emerging Markets Trust PLC has a 1-year low of GBX 200 ($2.48) and a 1-year high of GBX 241 ($2.98). The company has a market capitalization of £394.61 million, a P/E ratio of 724.14 and a beta of 0.59. The company has a debt-to-equity ratio of 2.29, a current ratio of 2.59 and a quick ratio of 0.41. The firm’s 50 day simple moving average is GBX 209.43 and its 200 day simple moving average is GBX 216.38.

Utilico Emerging Markets Trust Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, November 28th were given a GBX 2.33 ($0.03) dividend. The ex-dividend date was Thursday, November 28th. This is a positive change from Utilico Emerging Markets Trust’s previous dividend of $2.15. This represents a yield of 1.12%. Utilico Emerging Markets Trust’s payout ratio is 3,103.45%.

About Utilico Emerging Markets Trust

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.