Mark Bridgeman Purchases 2,454 Shares of Utilico Emerging Markets Trust PLC (LON:UEM) Stock

Posted by Adam Masters on Jan 4th, 2025

Utilico Emerging Markets Trust PLC (LON:UEM – Get Free Report) insider Mark Bridgeman bought 2,454 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was purchased at an average price of GBX 212 ($2.63) per share, with a total value of £5,202.48 ($6,462.71).

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

On Tuesday, October 8th, Mark Bridgeman purchased 18,500 shares of Utilico Emerging Markets Trust stock. The shares were acquired at an average cost of GBX 216 ($2.68) per share, with a total value of £39,960 ($49,639.75).

Utilico Emerging Markets Trust Price Performance

Utilico Emerging Markets Trust stock opened at GBX 211 ($2.62) on Friday. The business’s fifty day moving average is GBX 209.37 and its two-hundred day moving average is GBX 216.34. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.41 and a current ratio of 2.59. The firm has a market cap of £396.49 million, a P/E ratio of 727.59 and a beta of 0.59. Utilico Emerging Markets Trust PLC has a 52 week low of GBX 200 ($2.48) and a 52 week high of GBX 241 ($2.99).

Utilico Emerging Markets Trust Increases Dividend

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

Utilico Emerging Markets Trust Company Profile

(Get Free Report)

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.