Insider Buying: BlackRock Throgmorton Trust (LON:THRG) Insider Acquires 98 Shares of Stock

BlackRock Throgmorton Trust (LON:THRG) insider Nigel Burton acquired 98 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were acquired at an average cost of GBX 650 ($8.57) per share, with a total value of £637 ($840.04).

BlackRock Throgmorton Trust Trading Up 0.3 %

Shares of LON THRG opened at GBX 635 ($8.37) on Monday. BlackRock Throgmorton Trust has a 12-month low of GBX 503 ($6.63) and a 12-month high of GBX 682 ($8.99). The stock has a market cap of £573.53 million, a PE ratio of 668.42 and a beta of 1.20. The company has a 50-day moving average of GBX 634.53 and a 200 day moving average of GBX 611.47.

BlackRock Throgmorton Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, August 27th. Investors of record on Thursday, August 1st were paid a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date was Thursday, August 1st. This represents a yield of 0.58%. BlackRock Throgmorton Trust’s dividend payout ratio is presently 1,578.95%.

About BlackRock Throgmorton Trust

BlackRock Throgmorton Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.