BlackRock Latin American (LON:BRLA) Raises Dividend to $0.06 Per Share

BlackRock Latin American (LON:BRLA) declared a dividend on Tuesday, October 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be paid a dividend of $0.06 per share on Friday, November 8th. This represents a dividend yield of 1.44%. The ex-dividend date is Thursday, October 10th. This is an increase from BlackRock Latin American’s previous dividend of $0.06. The official announcement can be viewed at this link.

BlackRock Latin American Stock Performance

BRLA traded up GBX 2.77 ($0.04) on Tuesday, reaching GBX 328.77 ($4.40). The company had a trading volume of 56,257 shares, compared to its average volume of 43,369. The company’s fifty day moving average is GBX 341.60 and its 200 day moving average is GBX 364.12. BlackRock Latin American has a fifty-two week low of GBX 316 ($4.23) and a fifty-two week high of GBX 462 ($6.18). The stock has a market cap of £96.82 million, a P/E ratio of 229.91 and a beta of 0.96. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.09 and a current ratio of 0.68.

About BlackRock Latin American

BlackRock Latin American Investment 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 public equity markets of Latin America. The fund invests in stocks of companies operating across diversified sectors.