BlackRock Frontiers (LON:BRFI) Insider Acquires £14,879.34 in Stock

BlackRock Frontiers (LON:BRFI) insider Lucy Taylor-Smith purchased 10,122 shares of the company’s stock in a transaction on Friday, April 19th. The stock was acquired at an average price of GBX 147 ($1.82) per share, with a total value of £14,879.34 ($18,378.63).

BlackRock Frontiers Stock Performance

LON:BRFI opened at GBX 148 ($1.83) on Wednesday. The company has a fifty day simple moving average of GBX 152.51 and a two-hundred day simple moving average of GBX 145.14. The company has a market cap of £280.21 million, a price-to-earnings ratio of 477.42 and a beta of 0.67. The company has a quick ratio of 0.66, a current ratio of 0.57 and a debt-to-equity ratio of 0.01. BlackRock Frontiers has a 52 week low of GBX 131.32 ($1.62) and a 52 week high of GBX 159.90 ($1.98).

BlackRock Frontiers Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 14th. Shareholders of record on Thursday, January 4th were paid a $0.05 dividend. This is an increase from BlackRock Frontiers’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, January 4th. This represents a dividend yield of 2.79%. BlackRock Frontiers’s payout ratio is 1,935.48%.

BlackRock Frontiers Company Profile

BlackRock Frontiers 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 frontier market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.