Fidelity European Trust (LON:FEV) Raises Dividend to GBX 4.99 Per Share

Fidelity European Trust (LON:FEV) declared a dividend on Wednesday, March 20th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 28th will be paid a dividend of GBX 4.99 ($0.06) per share on Tuesday, May 14th. This represents a yield of 1.3%. The ex-dividend date is Thursday, March 28th. This is a positive change from Fidelity European Trust’s previous dividend of $3.26. The official announcement can be accessed at this link.

Fidelity European Trust Stock Performance

Shares of FEV opened at GBX 394.22 ($4.98) on Wednesday. The company’s 50 day moving average price is GBX 368.05 and its 200 day moving average price is GBX 349.92. Fidelity European Trust has a 52 week low of GBX 311.50 ($3.94) and a 52 week high of GBX 395.50 ($5.00). The company has a market capitalization of £1.61 billion, a PE ratio of 671.55 and a beta of 0.80.

About Fidelity European Trust

Fidelity European Trust PLC is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors.