The European Equity Fund, Inc. (NYSE:EEA – Get Free Report) announced a semi-annual dividend on Monday, May 19th, Wall Street Journal reports. Stockholders of record on Tuesday, May 27th will be paid a dividend of 0.0297 per share by the financial services provider on Friday, June 6th. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, May 27th.
The European Equity Fund has increased its dividend by an average of 19.0% annually over the last three years.
The European Equity Fund Stock Performance
Shares of NYSE:EEA traded up $0.09 during midday trading on Monday, hitting $9.81. 45,746 shares of the company’s stock traded hands, compared to its average volume of 15,404. The firm’s fifty day moving average price is $9.17 and its two-hundred day moving average price is $8.82. The European Equity Fund has a twelve month low of $8.05 and a twelve month high of $9.87.
About The European Equity Fund
The European Equity Fund, Inc is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Europe. The fund seeks to invest in the stocks of companies operating across diversified sectors.
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