BlackRock World Mining Trust plc Plans Dividend of GBX 6.50 (LON:BRWM)

BlackRock World Mining Trust plc (LON:BRWM) declared 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 is Thursday, March 20th. The official announcement can be accessed at this link.

BlackRock World Mining Trust Stock Up 0.8 %

LON BRWM traded up GBX 4.18 ($0.05) during mid-day trading on Tuesday, hitting GBX 500.18 ($6.50). The stock had a trading volume of 3,435,687 shares, compared to its average volume of 673,822. The company has a 50 day simple moving average of GBX 491.41 and a 200 day simple moving average of GBX 504.19. The company has a market cap of £957.87 million, a price-to-earnings ratio of -71.56 and a beta of 1.01. 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 released its quarterly 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%.

Insiders Place Their Bets

In other BlackRock World Mining Trust news, insider Srinivasan Venkatakrishnan acquired 2,000 shares of the stock in a transaction dated Wednesday, March 5th. The stock was acquired at an average price of GBX 476 ($6.18) per share, with a total value of £9,520 ($12,365.24). 2.68% of the stock is currently owned by company insiders.

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.