European Equity Fund, Inc. (NYSE:EEA) announced a special dividend on Monday, May 13th, Wall Street Journal reports. Investors of record on Monday, May 20th will be paid a dividend of 0.258 per share by the financial services provider on Friday, June 28th. This represents a dividend yield of 0.76%. The ex-dividend date is Friday, May 17th.
European Equity Fund has decreased its dividend by an average of 13.0% per year over the last three years.
Shares of EEA stock opened at $8.66 on Thursday. European Equity Fund has a 12 month low of $7.45 and a 12 month high of $9.84.
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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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