BlackRock Greater Europe (LON:BRGE) Shares Up 1.3% – Should You Buy?

BlackRock Greater Europe (LON:BRGE) shares traded up 1.3% on Thursday . The company traded as high as GBX 565 ($6.95) and last traded at GBX 561 ($6.90). 248,254 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 151,589 shares. The stock had previously closed at GBX 554 ($6.82).

BlackRock Greater Europe Stock Up 1.3 %

The firm has a market cap of £554.77 million, a price-to-earnings ratio of 487.83 and a beta of 1.01. The firm has a fifty day simple moving average of GBX 550.14 and a 200-day simple moving average of GBX 579.31. The company has a debt-to-equity ratio of 8.38, a quick ratio of 2.71 and a current ratio of 0.16.

BlackRock Greater Europe Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were issued a dividend of GBX 5.25 ($0.06) per share. This is an increase from BlackRock Greater Europe’s previous dividend of $1.75. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 0.95%. BlackRock Greater Europe’s payout ratio is presently 608.70%.

About BlackRock Greater Europe

The Company aims to provide capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe.