We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| European Assets Trust Plc | EAT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.10 | 1.29% | 86.20 | 16:23:36 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 85.40 | 85.40 | 86.60 | 86.20 | 85.10 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 04/01/2024 | Interim | GBP | 0.01475 | 31/10/2024 | 31/10/2024 | |
| 04/01/2024 | Interim | GBP | 0.01475 | 31/07/2024 | 31/07/2024 | |
| 04/01/2024 | Interim | GBP | 0.01475 | 04/07/2024 | 05/07/2024 | 31/07/2024 |
| 04/01/2024 | Interim | GBP | 0.01475 | 30/04/2024 | 30/04/2024 | |
| 04/01/2024 | Interim | GBP | 0.01475 | 04/04/2024 | 05/04/2024 | 30/04/2024 |
| 04/01/2024 | Interim | GBP | 0.01475 | 11/01/2024 | 12/01/2024 | 31/01/2024 |
| 05/01/2023 | Interim | GBP | 0.0145 | 05/10/2023 | 06/10/2023 | 31/10/2023 |
| 05/01/2023 | Interim | GBP | 0.0145 | 06/07/2023 | 07/07/2023 | 31/07/2023 |
| 05/01/2023 | Interim | GBP | 0.0145 | 06/04/2023 | 11/04/2023 | 28/04/2023 |
| 05/01/2023 | Interim | GBP | 0.0145 | 12/01/2023 | 13/01/2023 | 31/01/2023 |
| 06/01/2022 | Interim | GBP | 0.022 | 06/10/2022 | 07/10/2022 | 31/10/2022 |
| 06/01/2022 | Interim | GBP | 0.022 | 07/07/2022 | 08/07/2022 | 29/07/2022 |
| 06/01/2022 | Interim | GBP | 0.022 | 07/04/2022 | 08/04/2022 | 29/04/2022 |
| 06/01/2022 | Interim | GBP | 0.022 | 13/01/2022 | 14/01/2022 | 31/01/2022 |
| 07/01/2021 | Interim | GBP | 0.02 | 07/10/2021 | 08/10/2021 | 29/10/2021 |
| 07/01/2021 | Interim | GBP | 0.02 | 08/07/2021 | 09/07/2021 | 30/07/2021 |
| 07/01/2021 | Interim | GBP | 0.02 | 08/04/2021 | 09/04/2021 | 30/04/2021 |
| 07/01/2021 | Interim | GBP | 0.02 | 14/01/2021 | 15/01/2021 | 29/01/2021 |
| 07/01/2020 | Interim | GBP | 0.01755 | 08/10/2020 | 09/10/2020 | 30/10/2020 |
| 07/01/2020 | Interim | GBP | 0.01755 | 09/07/2020 | 10/07/2020 | 31/07/2020 |
| 07/01/2020 | Interim | GBP | 0.01755 | 09/07/2020 | 10/07/2020 | 31/07/2020 |
| 07/01/2020 | Interim | GBP | 0.01755 | 09/04/2020 | 14/04/2020 | 30/04/2020 |
| 07/01/2020 | Interim | GBP | 0.01755 | 16/01/2020 | 17/01/2020 | 31/01/2020 |
| 19/03/2019 | Interim | GBP | 0.014825 | 10/10/2019 | 11/10/2019 | 31/10/2019 |
| Top Posts |
|---|
Posted at 03/7/2024 11:53 by brwo349 EAT going ex dividend 1.475p tomorrow |
Posted at 20/5/2024 10:26 by makinbuks From Citywire"European Assets (EAT) leaps into second place in our ‘cheap’ list with shares in the poorly performing smaller companies trust falling to a 13% discount after the replacement of fund manager Sam Cosh this month, just behind UK small-cap IPU in the top spot on a wider 16% discount." |
Posted at 09/5/2024 18:14 by marktime1231 No we are here for income not growth, EAT is for long term investors not blokes fretting the day to day stuff. When NAV has recovered to 120p on better macro outlook and the share price catches up you won't be complaining. And if your average holding price is 80p or so because you took advantage of the dips there is not a lot to complain about now, given the direction of travel.The only issues, which may be behind the recent change in manager and which may be connected, are that the portfolio value has not (yet) rebounded as strongly perhaps as other European small and medium cap baskets and the discount is persistent. But on the plus side NAV has now put on something like 4-5p in a week and has only stretched the discount because we are waiting for the share price to follow suit. Think of it as a buying opportunity, |
Posted at 09/5/2024 12:49 by marktime1231 No. The 6% of NAV distribution is wired in to the articles of EAT it is not at the manager's discretion.The discount is slightly wider because NAV is moving ahead and the share price needs to catch up. |
Posted at 09/5/2024 11:56 by rosburg20 Discount to Nav seems to be widening. Is a dividend cut under the new manager being priced in? |
Posted at 02/5/2024 21:34 by marktime1231 And a welcome step down in management fees. I sense EAT has lost ground to other European small and mid cap stock pickers so let's hope this is the springboard for better performance and repairing the discount, but actually I was looking for share price weakness to add some before the next dividend round. |
Posted at 28/3/2024 11:34 by makinbuks Good to hear they're thinking about it and taking action. I can't help feeling the dividend strategy is a hinderance to the investment strategy, ie it limits the manager or dominates his and her thinking. Personally I wouldn't object if they wound it back a bit |
Posted at 27/3/2024 20:27 by investingdad It is a shame it is 9 months out from year end and the dividend calculation! However I am hoping that markets led by US continue to go well into the election and into November outcome, then leading into a Santa rally. We might just get a decent dividend and hopefully with it comes an inflow of cash as sentiment continues to move to higher risk and smaller companies. There is a sector wide issue for sure. There is also a huge move to passive investing for retail investors. Trusts are less fashionable and in general under performing with greater fees. |
Posted at 03/1/2024 21:03 by aleman Revenue earnings are around 2.6p per annum so that might be about 3.5p from capital in 2024 - so rather lower than previous years. I think the idea is you might get better growth in the long run if you are exposed to (some non-dividend small cap?) growth shares but still get a healthy dividend by using capital to top up the lower income that growth shares generate. It's a strategy and I see nothing wrong with that if it is clear, which it seems to be. The untilised capital element automatically drops when times are tougher while some other income trusts would pay out from reserves to maintain an uncovered dividend - which is a strategy that is also ok if it is clear. So long as you get what you pay for, you can make your own risk assessments - unlike HFEL, for example, where the dividend scalping and new investment policy don't seem to be clearly expressed by the company or understood by shareholders. It feels like they are making it up as they go along.When you get older and need income more than growth, there are a few different strategies to enhance income, perhaps at the expense of future growth. I see no problem in holding a mix of investment trusts that are operating slightly different strategies like this, so long as there is clarity. People will have slightly different tax positions so might not all agree 100% about all those strategies. Such is life. |
Posted at 03/1/2024 19:59 by essentialinvestor What % of the dividend is coming from capital, rather than revenue.I don't see an attraction in an uncovered dividend, unless they are using revenue reserves. I hold EAT as per recent posts, as thought bearish sentiment and NAV discount allowed for a lot. But celebrating the size of a payout partly deducted from capital is a strange reason for any celebration. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
