Magellan Global Trust (ASX:MGG) Plans Dividend Increase – $0.03 Per Share
Magellan Global Trust (ASX:MGG) declared a final dividend on Monday, June 29th, MarketIndexAU reports. Shareholders of record on Tuesday, July 28th will be given a dividend of 0.034 per share on Tuesday, July 28th. This represents a yield of 2.01%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from Magellan Global Trust’s previous final dividend of $0.03.
MGG opened at A$1.75 ($1.20) on Tuesday. The firm has a 50 day moving average of A$1.75 and a two-hundred day moving average of A$1.89. The firm has a market capitalization of $2.17 billion and a PE ratio of 4.14. Magellan Global Trust has a 12-month low of A$1.12 ($0.76) and a 12-month high of A$2.18 ($1.49).
Magellan Global Trust Company Profile
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