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

Magellan Global Trust is a closed-ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies. It invests in stocks of companies across diversified market capitalizations.

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