BlackRock World Mining Trust plc Announces Dividend of GBX 6.50 (LON:BRWM)

BlackRock World Mining Trust plc (LON:BRWM) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 6.50 ($0.08) per share by the investment trust on Tuesday, May 27th. This represents a dividend yield of 1.29%. The ex-dividend date is Thursday, March 20th. The official announcement can be seen at this link.

BlackRock World Mining Trust Stock Performance

Shares of LON BRWM traded up GBX 4.18 ($0.05) during midday trading on Tuesday, hitting GBX 500.18 ($6.50). 3,435,687 shares of the stock traded hands, compared to its average volume of 673,822. The firm has a 50-day moving average of GBX 491.41 and a two-hundred day moving average of GBX 504.19. The firm has a market capitalization of £957.87 million, a P/E ratio of -71.56 and a beta of 1.01. BlackRock World Mining Trust has a one year low of GBX 463.20 ($6.02) and a one year high of GBX 634 ($8.23).

BlackRock World Mining Trust (LON:BRWM) last posted its quarterly earnings data on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.30) EPS for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

Insider Transactions at BlackRock World Mining Trust

In other BlackRock World Mining Trust news, insider Srinivasan Venkatakrishnan purchased 2,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average price of GBX 476 ($6.18) per share, for a total transaction of £9,520 ($12,365.24). 2.68% of the stock is currently owned by company insiders.

BlackRock World Mining Trust Company Profile

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals.