Montanaro UK Small. Comp. Inv. Trust Plc (MTU) to Issue Dividend of GBX 1.29 on May 24th
Montanaro UK Small. Comp. Inv. Trust Plc (LON:MTU) declared a dividend on Tuesday, April 16th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 1.29 ($0.02) per share on Friday, May 24th. This represents a yield of 1.15%. The ex-dividend date is Thursday, April 25th. This is an increase from Montanaro UK Small. Comp. Inv. Trust’s previous dividend of $1.17. The official announcement can be viewed at this link.
Shares of LON MTU opened at GBX 1.35 ($0.02) on Friday. Montanaro UK Small. Comp. Inv. Trust has a twelve month low of GBX 1.03 ($0.01) and a twelve month high of GBX 109.99 ($1.44).
In other news, insider Arthur Copple bought 50,000 shares of the stock in a transaction that occurred on Friday, February 22nd. The stock was acquired at an average price of GBX 109 ($1.42) per share, with a total value of £54,500 ($71,213.90).
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Montanaro UK Smaller Companies Investment Trust PLC (MUSCIT) is a closed-ended investment trust and investment company. The Company’s investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market (AIM) and to achieve relative outperformance of its benchmark, the Numis Smaller Companies Index (excluding investment companies) (NSCI).
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