Nigel Burton Buys 98 Shares of BlackRock Throgmorton Trust (LON:THRG) Stock

BlackRock Throgmorton Trust (LON:THRG) insider Nigel Burton bought 98 shares of the stock in a transaction dated Thursday, August 29th. The stock was purchased at an average price of GBX 650 ($8.57) per share, with a total value of £637 ($840.04).

BlackRock Throgmorton Trust Price Performance

THRG stock opened at GBX 635 ($8.37) on Friday. BlackRock Throgmorton Trust has a 12 month low of GBX 503 ($6.63) and a 12 month high of GBX 682 ($8.99). The firm’s 50-day moving average is GBX 634.53 and its 200 day moving average is GBX 611.42. The company has a market capitalization of £573.53 million, a PE ratio of 668.42 and a beta of 1.20.

BlackRock Throgmorton Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, August 27th. Shareholders of record on Thursday, August 1st were issued a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a yield of 0.58%. BlackRock Throgmorton Trust’s dividend payout ratio is currently 1,578.95%.

About BlackRock Throgmorton Trust

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