Insider Buying: BlackRock Throgmorton Trust (LON:THRG) Insider Buys 23 Shares of Stock

BlackRock Throgmorton Trust (LON:THRG) insider Merryn S. Webb bought 23 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were acquired at an average cost of GBX 607 ($7.94) per share, for a total transaction of £139.61 ($182.57).

BlackRock Throgmorton Trust Price Performance

THRG stock opened at GBX 607.50 ($7.94) on Monday. BlackRock Throgmorton Trust has a one year low of GBX 503 ($6.58) and a one year high of GBX 682 ($8.92). The stock has a market cap of £548.69 million, a price-to-earnings ratio of 639.89 and a beta of 1.20. The company has a fifty day moving average price of GBX 636 and a two-hundred day moving average price of GBX 612.31.

BlackRock Throgmorton Trust Cuts Dividend

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

BlackRock Throgmorton Trust Company Profile

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.