Invesco Global Equity Income Trust (LON:IGET) Releases Earnings Results

Invesco Global Equity Income Trust (LON:IGET) issued its earnings results on Wednesday. The company reported GBX 1.81 ($0.02) earnings per share for the quarter, Digital Look Earnings reports.

Invesco Global Equity Income Trust Stock Performance

LON IGET traded down GBX 0.36 ($0.00) during mid-day trading on Friday, hitting GBX 343.64 ($4.33). The company’s stock had a trading volume of 66,270 shares, compared to its average volume of 112,606. Invesco Global Equity Income Trust has a twelve month low of GBX 266 ($3.35) and a twelve month high of GBX 354.08 ($4.46). The company’s 50 day simple moving average is GBX 317.34 and its 200 day simple moving average is GBX 302.60.

Invesco Global Equity Income Trust Announces Dividend

The business also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 16th were paid a GBX 3.13 ($0.04) dividend. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.01%.

Insiders Place Their Bets

In other Invesco Global Equity Income Trust news, insider Helen Galbraith acquired 14,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were bought at an average price of GBX 312 ($3.93) per share, for a total transaction of £43,680 ($55,054.20).

Invesco Global Equity Income Trust Company Profile

Invesco Global Equity Income Trust plc (IGET) is the successor to the former Invesco Select Trust Global Equity Income Share Portfolio, part of the Invesco Select Investment Trust.

Why consider Invesco Global Equity Income Trust plc?
– A focus on finding quality companies at attractive prices that can grow cashflows, to provide income and growth for investors.

– A high-conviction, high active share, globally diversified portfolio of around 40-45 holdings spread across sectors, geographies and market capitalisation.

– An annual dividend target of at least 4% set by IGET’s Board, ensuring a focus on delivering predictable income.¹

¹ The dividend policy involves paying at least 4% calculated on the unaudited year end NAV, paid quarterly in equal amounts.