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

Posted by William Tyler on Nov 20th, 2024

BlackRock Greater Europe (LON:BRGE – Get Free Report) announced a dividend on Tuesday, November 5th,Upcoming Dividends.Co.Uk reports. Investors 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 yield of 0.95%. The ex-dividend date is Thursday, November 21st. This is a positive change from BlackRock Greater Europe’s previous dividend of $1.75. The official announcement can be accessed at this link.

BlackRock Greater Europe Price Performance

Shares of LON BRGE opened at GBX 543 ($6.89) on Wednesday. The stock has a market cap of £536.97 million, a P/E ratio of 472.17 and a beta of 1.01. The firm’s 50-day simple moving average is GBX 570.78 and its 200 day simple moving average is GBX 597.77. BlackRock Greater Europe has a fifty-two week low of GBX 514 ($6.52) and a fifty-two week high of GBX 653 ($8.29). The company has a quick ratio of 2.71, a current ratio of 0.16 and a debt-to-equity ratio of 8.38.

Insider Activity

In other news, insider Sapna Shah acquired 4,000 shares of the stock in a transaction dated Monday, September 2nd. The shares were acquired at an average cost of GBX 599 ($7.60) per share, for a total transaction of £23,960 ($30,406.09). 3.42% of the stock is owned by corporate insiders.

BlackRock Greater Europe Company Profile

(Get Free Report)

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.