CT Private Equity Trust (LON:CTPE) Announces Earnings Results

CT Private Equity Trust (LON:CTPE) released its quarterly earnings data on Friday. The company reported GBX 2.30 ($0.03) EPS for the quarter, Digital Look Earnings reports. CT Private Equity Trust had a return on equity of 1.10% and a net margin of 59.97%.

CT Private Equity Trust Stock Performance

Shares of CT Private Equity Trust stock opened at GBX 463 ($5.99) on Friday. CT Private Equity Trust has a fifty-two week low of GBX 415 ($5.37) and a fifty-two week high of GBX 531.42 ($6.88). The company has a market cap of £331.93 million, a P/E ratio of 61.61 and a beta of 0.75. The firm has a 50-day simple moving average of GBX 484.36 and a two-hundred day simple moving average of GBX 465.61.

CT Private Equity Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 9th. Investors of record on Thursday, April 3rd will be given a dividend of GBX 11.50 ($0.15) per share. This represents a yield of 3.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a positive change from CT Private Equity Trust’s previous dividend of $7.01. CT Private Equity Trust’s dividend payout ratio (DPR) is currently 372.61%.

About CT Private Equity Trust

Since its launch in 1999, the CT Private Equity Trust (“the Company”) has been offering access to the potential benefits of investment in unlisted companies – an opportunity set that typically lies beyond the reach of individual investors. An established and experienced team, with a continually expanding network, has successfully focused and continues to focus their efforts on building an appropriately diversified portfolio of high quality assets for the Company’s shareholders.