Insider Buying: Utilico Emerging Markets Trust PLC (LON:UEM) Insider Buys £5,202.48 in Stock

Utilico Emerging Markets Trust PLC (LON:UEM) insider Mark Bridgeman bought 2,454 shares of the stock in a transaction dated Thursday, January 2nd. The shares were purchased at an average price of GBX 212 ($2.63) per share, for a total transaction of £5,202.48 ($6,462.71).

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

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

Utilico Emerging Markets Trust Stock Up 0.5 %

UEM opened at GBX 211 ($2.62) on Friday. 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 stock has a fifty day moving average of GBX 209.37 and a 200-day moving average of GBX 216.34. Utilico Emerging Markets Trust PLC has a fifty-two week low of GBX 200 ($2.48) and a fifty-two week high of GBX 241 ($2.99). The company has a market capitalization of £396.49 million, a P/E ratio of 727.59 and a beta of 0.59.

Utilico Emerging Markets Trust Increases Dividend

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

Utilico Emerging Markets Trust Company Profile

Utilico Emerging Markets Trust plc (“UEM”) is a UK closed-end investment trust which is uniquely focused on global infrastructure and utilities megatrends in emerging markets.

UEM’s objective is to provide long-term total return by investing predominantly in infrastructure, utility and related sectors mainly in emerging markets.

UEM’s focus is on the undeveloped and developing markets of Asia, Latin America, Emerging Europe and Africa, while maintaining the flexibility to invest in markets world-wide.