The Company has announced its Final Results for the year ended 31 December 2019.
- The Board of Fidelity European Values PLC recommends a final dividend of 3.88 pence per share which together with the interim dividend payment of 2.59 pence per share (totalling 6.47 pence) represents an increase of 3% over the dividend of 6.28 pence per share paid in the prior year
- The Company recorded a net asset value total return of +23.8% for the year ended 31 December 2019, outperforming its Benchmark Index which returned +20.4%.
- The discount to NAV narrowed from 10.7% to 6.2%, due to an impressive share price total return of +30.6%.
- To better align the Company’s name more closely to its objective, and to avoid confusion with value investment products, the Board has decided to change the Company’s name from Fidelity European Values PLC to Fidelity European Trust PLC with effect from 12 May 2020.
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