03:00 Thu 27 Mar 2025
European Assets Tst - Quarterly dividend announcement
To: RNS
From: European Assets Trust PLC
Date:
LEI: 213800N61H8P3Z4I8726
Second Quarterly Dividend
European Assets Trust PLC ("the Company") announces its second quarterly dividend payment under its policy of paying out annually, in equal quarterly payments, six per cent of the Company's net asset value at its preceding 31 December financial year end.
A dividend of
The full 2025 dividend schedule is set out below.
|
2025 |
Pence per share |
Ex-Dividend Date |
Record Date |
Pay date |
|
Q1 |
1.38 |
|
|
|
|
Q2 |
1.38 |
|
|
|
|
Q3 |
1.38 |
Dividend not yet declared |
|
|
|
Q4 |
1.38 |
Dividend not yet declared |
|
|
|
Total |
5.52 = six per cent of the |
|||
6.6 per cent share price yield
An annual dividend of
Enquiries:
Columbia Threadneedle Investment Business Limited Tel: 0131 573 8300
Panmure Liberum Limited - Corporate Broker and
Financial Adviser Tel: 020 3100 2000
About European Assets Trust PLC
The Company's Investment Objective is to achieve growth of capital through investment in quoted small and medium sized companies in Europe, excluding the United Kingdom. The Company's benchmark is the MSCI Europe Ex UK SMID Cap Index. The portfolio has a quality growth bias and typically holds 50-70 investments.
The Company has in place a high distribution policy of six per cent of the Company's net asset value at its preceding 31 December financial year end, with dividends paid out of current year revenue profits and the capital gains Distributable Reserve. The Company's portfolio is therefore managed on a total return basis.
The Company has been managed by Columbia Threadneedle Investment Business Limited and its predecessors since its creation in 1972. The Lead Investment Manager is Mine Tezgul, Head of Pan European Small Cap Equities at Columbia Threadneedle Investments. She is assisted by Philip Dicken, Head of European Equities and Head of International Equities at Columbia Threadneedle Investments.
For more information, including the Company's monthly factsheet, visit the website
www. europeanassets.co.uk
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