BlackRock World Mining Trust (LON:BRWM) announced a dividend on Monday, February 26th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 22nd will be given a dividend of GBX 6.60 ($0.09) per share by the investment trust on Thursday, May 10th. This represents a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, March 22nd. This is a positive change from BlackRock World Mining Trust’s previous dividend of $3.00. The official announcement can be accessed at this link.
Shares of BlackRock World Mining Trust stock traded up GBX 362.32 ($5.09) during trading hours on Friday, reaching GBX 366 ($5.14). 260,353 shares of the company’s stock were exchanged, compared to its average volume of 321,722. BlackRock World Mining Trust has a 1 year low of GBX 307.09 ($4.31) and a 1 year high of GBX 425 ($5.97).
In other news, insider Ian Cockerill purchased 20,000 shares of the stock in a transaction dated Friday, March 2nd. The shares were purchased at an average price of GBX 389 ($5.46) per share, with a total value of £77,800 ($109,208.31).
Separately, Stifel Nicolaus reaffirmed a “neutral” rating on shares of BlackRock World Mining Trust in a report on Thursday, March 22nd.
TRADEMARK VIOLATION WARNING: This report was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/04/08/blackrock-world-mining-trust-plc-brwm-announces-dividend-increase-gbx-6-60-per-share.html.
About BlackRock World Mining Trust
BlackRock World Mining Trust plc is a United Kingdom-based investment trust. Its principal activity is portfolio investment and its subsidiary, BlackRock World Mining Investment Company Limited (together the Group), is engaged in investment dealing. The Company’s investment policy is to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximizing total returns.
Receive News & Ratings for BlackRock World Mining Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock World Mining Trust and related companies with MarketBeat.com's FREE daily email newsletter.