BlackRock Greater Europe (LON:BRGE) Increases Dividend to GBX 5.25 Per Share

BlackRock Greater Europe (LON:BRGE) announced a dividend on Tuesday, November 5th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 5.25 ($0.07) per share on Friday, December 20th. This represents a dividend 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 Down 1.4 %

Shares of BlackRock Greater Europe stock opened at GBX 539.30 ($6.84) on Tuesday. BlackRock Greater Europe has a twelve month low of GBX 514 ($6.52) and a twelve month high of GBX 653 ($8.28). The company has a fifty day moving average price of GBX 571.74 and a 200 day moving average price of GBX 598.65. The company has a current ratio of 0.16, a quick ratio of 2.71 and a debt-to-equity ratio of 8.38. The stock has a market cap of £533.31 million, a price-to-earnings ratio of 473.91 and a beta of 1.01.

Insider Activity at BlackRock Greater Europe

In other news, insider Sapna Shah purchased 4,000 shares of the stock in a transaction that occurred on Monday, September 2nd. The stock was acquired at an average cost of GBX 599 ($7.59) per share, with a total value of £23,960 ($30,371.40). Company insiders own 3.42% of the company’s stock.

BlackRock Greater Europe Company Profile

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.