BlackRock Income and Growth (LON:BRIG) to Issue Dividend Increase – GBX 4.90 Per Share

BlackRock Income and Growth (LON:BRIG) announced a dividend on Tuesday, January 7th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 6th will be given a dividend of GBX 4.90 ($0.06) per share on Friday, March 14th. This represents a dividend yield of 2.53%. The ex-dividend date is Thursday, February 6th. This is a positive change from BlackRock Income and Growth’s previous dividend of $2.70. The official announcement can be accessed at this link.

BlackRock Income and Growth Trading Up 1.0 %

LON:BRIG opened at GBX 206 ($2.56) on Tuesday. The company has a debt-to-equity ratio of 9.13, a current ratio of 0.47 and a quick ratio of 0.88. BlackRock Income and Growth has a one year low of GBX 175 ($2.18) and a one year high of GBX 212 ($2.64). The company has a market cap of £40.79 million, a PE ratio of 2,288.89 and a beta of 0.61. The firm has a 50-day moving average of GBX 198.59 and a 200-day moving average of GBX 198.10.

BlackRock Income and Growth (LON:BRIG) last announced its earnings results on Tuesday, January 7th. The company reported GBX 7.20 ($0.09) earnings per share (EPS) for the quarter. BlackRock Income and Growth had a return on equity of 3.98% and a net margin of 69.33%.

About BlackRock Income and Growth

The Company aims to provide growth in capital and income over the long term through investment in a diversified portfolio of principally UK listed equities.