Lucy Taylor-Smith Acquires 10,122 Shares of BlackRock Frontiers (LON:BRFI) Stock

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

BlackRock Frontiers Stock Up 0.5 %

Shares of LON:BRFI opened at GBX 148 ($1.83) on Wednesday. BlackRock Frontiers has a 52-week low of GBX 131.32 ($1.62) and a 52-week high of GBX 159.90 ($1.98). The firm has a market capitalization of £280.21 million, a P/E ratio of 477.42 and a beta of 0.67. The stock has a 50 day moving average price of GBX 152.51 and a 200-day moving average price of GBX 145.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.66 and a current ratio of 0.57.

BlackRock Frontiers Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 14th. Stockholders of record on Thursday, January 4th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, January 4th. This represents a dividend yield of 2.79%. This is a positive change from BlackRock Frontiers’s previous dividend of $0.03. BlackRock Frontiers’s dividend payout ratio is currently 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.