The European Equity Fund, Inc. (NYSE:EEA – Get Free Report) declared a dividend on Monday, May 11th. Shareholders of record on Tuesday, May 26th will be paid a dividend of 0.2199 per share by the financial services provider on Monday, June 29th. This represents a yield of 410.0%. The ex-dividend date is Tuesday, May 26th. This is a 33.3% increase from The European Equity Fund’s previous dividend of $0.17.
The European Equity Fund Trading Down 0.9%
Shares of NYSE:EEA opened at $10.72 on Tuesday. The stock has a fifty day simple moving average of $10.34 and a two-hundred day simple moving average of $10.61. The European Equity Fund has a 12-month low of $9.59 and a 12-month high of $11.43.
About The European Equity Fund
The European Equity Fund, Inc (NYSE: EEA) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in the equity securities of issuers located in European countries. Listed on the New York Stock Exchange, the Fund offers U.S. and international investors access to a diversified portfolio of publicly traded European companies, spanning a variety of industries and market capitalizations.
The Fund’s investment strategy is built on fundamental, bottom-up research and active portfolio management.
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