The Global Smaller Companies Trust (LON:GSCT) Reaches New 1-Year High at $168.22

The Global Smaller Companies Trust (LON:GSCT)’s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 168.22 ($2.18) and last traded at GBX 168.22 ($2.18), with a volume of 617798 shares changing hands. The stock had previously closed at GBX 167 ($2.16).

The Global Smaller Companies Trust Stock Performance

The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 6.69. The stock has a 50 day moving average price of GBX 163.36 and a two-hundred day moving average price of GBX 156.70. The company has a market cap of £847.68 million, a P/E ratio of -2,783.33 and a beta of 1.01.

The Global Smaller Companies Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, August 20th. Shareholders of record on Thursday, July 11th will be issued a GBX 2.13 ($0.03) dividend. This represents a yield of 1.33%. The ex-dividend date of this dividend is Thursday, July 11th. This is a boost from The Global Smaller Companies Trust’s previous dividend of $0.68. The Global Smaller Companies Trust’s dividend payout ratio is presently -3,333.33%.

The Global Smaller Companies Trust Company Profile

BMO Global Smaller Companies PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of small cap companies.