BlackRock Sustainable American Income (LON:BRSA) Announces Dividend of GBX 2

BlackRock Sustainable American Income (LON:BRSA) announced a dividend on Wednesday, May 29th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 6th will be given a dividend of GBX 2 ($0.03) per share on Friday, July 5th. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, June 6th. The official announcement can be viewed at this link.

BlackRock Sustainable American Income Stock Performance

BlackRock Sustainable American Income stock traded down GBX 0.50 ($0.01) during trading hours on Thursday, hitting GBX 197.50 ($2.52). 86,785 shares of the stock traded hands, compared to its average volume of 179,467. The firm’s 50 day moving average price is GBX 199.68 and its 200-day moving average price is GBX 191.28. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.18 and a quick ratio of 0.10. The stock has a market capitalization of £151.66 million, a price-to-earnings ratio of -1,658.71 and a beta of 0.69. BlackRock Sustainable American Income has a 1 year low of GBX 172.50 ($2.20) and a 1 year high of GBX 207 ($2.64).

Insider Transactions at BlackRock Sustainable American Income

In related news, insider Solomon Soquar purchased 10,000 shares of BlackRock Sustainable American Income stock in a transaction dated Tuesday, May 21st. The shares were acquired at an average price of GBX 205 ($2.62) per share, for a total transaction of £20,500 ($26,181.35). Corporate insiders own 78.66% of the company’s stock.

About BlackRock Sustainable American Income

BlackRock North American Income Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Management (UK) Limited. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.