The European Equity Fund, Inc. (NYSE:EEA – Get Free Report) announced a semi-annual dividend on Wednesday, December 18th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.141 per share by the financial services provider on Friday, January 31st. This represents a yield of 2.1%. The ex-dividend date is Monday, December 30th. This is a positive change from The European Equity Fund’s previous semi-annual dividend of $0.04.
The European Equity Fund has decreased its dividend by an average of 3.8% annually over the last three years.
The European Equity Fund Stock Performance
Shares of The European Equity Fund stock opened at $8.52 on Friday. The stock has a fifty day simple moving average of $8.70 and a 200 day simple moving average of $8.97. The European Equity Fund has a 12-month low of $8.24 and a 12-month high of $9.47.
The European Equity Fund Company Profile
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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