BlackRock Throgmorton Trust (LON:THRG) Insider Purchases £139.61 in Stock

BlackRock Throgmorton Trust (LON:THRG) insider Merryn S. Webb bought 23 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The shares were purchased at an average price of GBX 607 ($8.02) per share, for a total transaction of £139.61 ($184.43).

BlackRock Throgmorton Trust Stock Performance

The firm has a market capitalization of £550.05 million, a P/E ratio of 641.05 and a beta of 1.20. The stock’s 50 day moving average price is GBX 635.56 and its two-hundred day moving average price is GBX 612.69. BlackRock Throgmorton Trust has a 12 month low of GBX 503 ($6.64) and a 12 month high of GBX 682 ($9.01).

BlackRock Throgmorton Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, August 27th. Stockholders of record on Thursday, August 1st were given a dividend of GBX 3.75 ($0.05) per share. This represents a dividend yield of 0.58%. The ex-dividend date was Thursday, August 1st. BlackRock Throgmorton Trust’s dividend payout ratio (DPR) is presently 1,578.95%.

About BlackRock Throgmorton Trust

BlackRock Throgmorton 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 the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.