Insider Buying: BlackRock Sustainable American Income (LON:BRSA) Insider Purchases £13,260 in Stock

BlackRock Sustainable American Income (LON:BRSA) insider David Barron acquired 6,500 shares of BlackRock Sustainable American Income stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of GBX 204 ($2.62) per share, for a total transaction of £13,260 ($17,056.86).

BlackRock Sustainable American Income Stock Down 2.7 %

LON:BRSA opened at GBX 198.50 ($2.55) on Monday. The stock’s fifty day moving average price is GBX 196.71 and its two-hundred day moving average price is GBX 194.70. BlackRock Sustainable American Income has a 52-week low of GBX 172.50 ($2.22) and a 52-week high of GBX 207 ($2.66). The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.10 and a current ratio of 1.18. The company has a market cap of £152.43 million, a price-to-earnings ratio of -1,654.17 and a beta of 0.69.

BlackRock Sustainable American Income Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.98%. The ex-dividend date is Thursday, August 15th. BlackRock Sustainable American Income’s payout ratio is -6,666.67%.

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.