BlackRock Throgmorton Trust (LON:THRG) Insider Merryn S. Webb Buys 23 Shares of Stock

BlackRock Throgmorton Trust (LON:THRG) insider Merryn S. Webb acquired 23 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was acquired at an average cost of GBX 607 ($8.02) per share, with a total value of £139.61 ($184.43).

BlackRock Throgmorton Trust Price Performance

BlackRock Throgmorton Trust stock opened at GBX 613 ($8.10) on Tuesday. The company has a market cap of £553.66 million, a PE ratio of 645.26 and a beta of 1.20. The company has a fifty day moving average price of GBX 635.86 and a two-hundred day moving average price of GBX 612.50. BlackRock Throgmorton Trust has a 12 month low of GBX 503 ($6.64) and a 12 month high of GBX 682 ($9.01).

BlackRock Throgmorton Trust Cuts Dividend

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