BlackRock Greater Europe (LON:BRGE) to Issue Dividend Increase – GBX 5.25 Per Share

BlackRock Greater Europe (LON:BRGE) announced a dividend on Tuesday, November 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 21st will be given a dividend of GBX 5.25 ($0.07) per share on Friday, December 20th. This represents a yield of 0.95%. The ex-dividend date is Thursday, November 21st. This is an increase from BlackRock Greater Europe’s previous dividend of $1.75. The official announcement can be viewed at this link.

BlackRock Greater Europe Stock Performance

Shares of BRGE stock traded up GBX 4 ($0.05) during trading hours on Wednesday, reaching GBX 555 ($7.22). The company had a trading volume of 83,921 shares, compared to its average volume of 138,721. The firm has a market cap of £548.84 million, a PE ratio of 479.13 and a beta of 1.01. The business has a fifty day moving average price of GBX 578.10 and a 200-day moving average price of GBX 602.44. BlackRock Greater Europe has a one year low of GBX 483 ($6.29) and a one year high of GBX 653 ($8.50). The company has a debt-to-equity ratio of 8.38, a quick ratio of 2.71 and a current ratio of 0.16.

Insider Transactions at BlackRock Greater Europe

In related news, insider Sapna Shah acquired 4,000 shares of the business’s stock in a transaction that occurred on Monday, September 2nd. The stock was bought at an average cost of GBX 599 ($7.80) per share, for a total transaction of £23,960 ($31,189.79). Corporate insiders own 3.42% of the company’s stock.

About BlackRock Greater Europe

BlackRock Greater Europe Investment 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 Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.