BlackRock Throgmorton Trust (LON:THRG) Insider Louise Nash Acquires 1,600 Shares

BlackRock Throgmorton Trust (LON:THRG) insider Louise Nash acquired 1,600 shares of the firm’s stock in a transaction on Thursday, October 17th. The shares were bought at an average cost of GBX 604 ($7.89) per share, with a total value of £9,664 ($12,619.48).

BlackRock Throgmorton Trust Price Performance

BlackRock Throgmorton Trust stock opened at GBX 610 ($7.97) on Friday. The business has a 50 day simple moving average of GBX 616.46 and a 200-day simple moving average of GBX 616.27. BlackRock Throgmorton Trust has a 12 month low of GBX 503 ($6.57) and a 12 month high of GBX 682 ($8.91). The stock has a market capitalization of £539.36 million, a PE ratio of 642.11 and a beta of 1.20.

BlackRock Throgmorton Trust Cuts Dividend

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