Final Results for the year ended 31 December 2024
Key Highlights:
- The Board of Fidelity European Trust PLC (the “Company”) recommends a final dividend of 5.50 pence which together with the interim dividend payment of 3.60 pence per share (totalling 9.10 pence) represents an increase of 10.3% over the total dividend of 8.25 pence paid in the prior year.
- During the year ended 31 December 2024, the Company reported a net asset value (NAV) total return of +0.5% while the Benchmark Index, the FTSE World Europe ex UK Index, rose by +3.0%.
- Over the same period, the ordinary share price total return of the Company was -0.1%.
- The Portfolio Managers remain focused on identifying attractively valued companies which will deliver consistent dividend growth over the long-term.