BlackRock World Mining Trust plc (BRWM) to Issue Dividend of GBX 6.50 on May 27th

BlackRock World Mining Trust plc (LON:BRWM) announced a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Investors of record on Thursday, March 20th will be given a dividend of GBX 6.50 ($0.08) per share by the investment trust on Tuesday, May 27th. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be accessed at this link.

BlackRock World Mining Trust Price Performance

LON:BRWM traded up GBX 4.18 ($0.05) during trading hours on Tuesday, reaching GBX 500.18 ($6.50). 3,435,687 shares of the company were exchanged, compared to its average volume of 673,822. The firm has a market cap of £957.87 million, a price-to-earnings ratio of -71.56 and a beta of 1.01. The stock has a 50 day simple moving average of GBX 491.41 and a 200 day simple moving average of GBX 504.19. BlackRock World Mining Trust has a 52-week low of GBX 463.20 ($6.02) and a 52-week high of GBX 634 ($8.23).

BlackRock World Mining Trust (LON:BRWM) last issued its earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.30) earnings per share for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

Insider Transactions at BlackRock World Mining Trust

In other BlackRock World Mining Trust news, insider Srinivasan Venkatakrishnan bought 2,000 shares of BlackRock World Mining Trust stock in a transaction that occurred on Wednesday, March 5th. The shares were acquired at an average price of GBX 476 ($6.18) per share, for a total transaction of £9,520 ($12,365.24). Company insiders own 2.68% of the company’s stock.

BlackRock World Mining Trust Company Profile

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals.