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

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

Invesco Global Equity Income Trust Price Performance

IGET traded down GBX 4 ($0.05) during trading on Friday, reaching GBX 340 ($4.29). 52,622 shares of the stock were exchanged, compared to its average volume of 112,281. The stock’s 50 day moving average price is GBX 317.34 and its two-hundred day moving average price is GBX 302.60. 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).

Invesco Global Equity Income Trust Announces Dividend

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

Insiders Place Their Bets

In other news, insider Helen Galbraith acquired 14,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was acquired 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.