Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange. The fund seeks to benchmark the performance of its portfolio against the MSCI Europe Small Cap Index. It was formerly known as ISIS Smaller Companies Trust plc. Montanaro European Smaller Companies Trust plc was formed on December 8, 2000 and is domiciled in the United Kingdom.
Montanaro European Smaller Companies Trust Dividend Announcement
• Montanaro European Smaller Companies Trust announced a semi annually dividend of £0.90 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-15
• Montanaro European Smaller Companies Trust annual dividend for 2024 was £0.90
• Montanaro European Smaller Companies Trust annual dividend for 2023 was £0.99
• Montanaro European Smaller Companies Trust's trailing twelve-month (TTM) dividend yield is 0.78%
• Montanaro European Smaller Companies Trust's payout ratio for the trailing twelve months (TTM) is -54.67%
• Montanaro European Smaller Companies Trust's dividend growth over the last five years (2018-2023) was -34.89% year
• Montanaro European Smaller Companies Trust's dividend growth over the last ten years (2013-2023) was -17.42% year
Montanaro European Smaller Companies Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | £0.90 | semi annually | 2024-09-16 |
2023-12-21 | £0.23 | semi annually | 2024-01-26 |
2023-08-17 | £0.77 | semi annually | 2023-09-15 |
2022-12-01 | £0.20 | semi annually | 2023-01-05 |
2022-08-11 | £0.72 | semi annually | 2022-09-16 |
2021-12-02 | £0.20 | semi annually | 2022-01-04 |
2021-08-12 | £7.25 | semi annually | 2021-09-15 |
2020-12-03 | £2.00 | semi annually | 2021-01-04 |
2020-08-13 | £7.25 | semi annually | 2020-09-15 |
2019-12-05 | £2.00 | semi annually | 2020-01-03 |
2019-08-15 | £7.25 | semi annually | 2019-09-17 |
2018-12-06 | £1.75 | semi annually | 2019-01-04 |
2018-07-12 | £6.75 | semi annually | 2018-09-03 |
2017-12-07 | £1.75 | semi annually | 2018-01-05 |
2017-06-22 | £6.50 | semi annually | 2017-08-02 |
2016-12-08 | £1.75 | semi annually | 2017-01-06 |
2016-06-23 | £5.75 | semi annually | 2016-08-03 |
2015-12-10 | £1.75 | semi annually | 2016-01-08 |
2015-06-25 | £5.75 | semi annually | 2015-07-27 |
2014-12-11 | £1.75 | semi annually | 2015-01-09 |
2014-06-25 | £5.25 | semi annually | 2014-07-25 |
2013-12-11 | £1.75 | semi annually | 2014-01-10 |
2013-06-26 | £5.00 | semi annually | 2013-07-26 |
Montanaro European Smaller Companies Trust Dividend per year
Montanaro European Smaller Companies Trust Dividend growth
Montanaro European Smaller Companies Trust Dividend Yield
Montanaro European Smaller Companies Trust current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing Montanaro European Smaller Companies Trust stock? Use our calculator to estimate your expected dividend yield:
Montanaro European Smaller Companies Trust Financial Ratios
Montanaro European Smaller Companies Trust Dividend FAQ
Other factors to consider when evaluating Montanaro European Smaller Companies Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Montanaro European Smaller Companies Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Montanaro European Smaller Companies Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Montanaro European Smaller Companies Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Montanaro European Smaller Companies Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Montanaro European Smaller Companies Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Montanaro European Smaller Companies Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Montanaro European Smaller Companies Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Montanaro European Smaller Companies Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Montanaro European Smaller Companies Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.