Standard Life Equity Income Trust (SLET) Reaches New 1-Year High at $501.70

Shares of Standard Life Equity Income Trust Plc (LON:SLET) hit a new 52-week high on Tuesday . The company traded as high as GBX 501.70 ($6.80) and last traded at GBX 500.50 ($6.79), with a volume of 15784 shares changing hands. The stock had previously closed at GBX 4.85 ($0.07).

The company has a market capitalization of $243.49 and a price-to-earnings ratio of 770.00.

The firm also recently announced a dividend, which was paid on Monday, January 22nd. Shareholders of record on Thursday, December 21st were issued a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 1.19%. The ex-dividend date of this dividend was Thursday, December 21st. This is a positive change from Standard Life Equity Income Trust’s previous dividend of $4.00.

In other Standard Life Equity Income Trust news, insider Caroline Hitch bought 5,000 shares of the stock in a transaction on Tuesday, December 5th. The stock was purchased at an average price of GBX 462 ($6.27) per share, with a total value of £23,100 ($31,326.28).

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Standard Life Equity Income Trust Company Profile

Standard Life Equity Income Trust plc is an investment company. The Company’s objective is to provide shareholders with an above average income from their equity investment while also providing real growth in capital and income. The Company invests in a portfolio, which includes quoted the United Kingdom equities that normally comprise between 50 and 70 individual equity holdings.

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