BlackRock Latin American (LON:BRLA) Plans Dividend Increase – $0.06 Per Share

BlackRock Latin American (LON:BRLA) declared a dividend on Tuesday, October 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, October 10th will be given 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 opened at GBX 330.65 ($4.33) on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.68 and a quick ratio of 0.09. The firm has a fifty day moving average price of GBX 339.21 and a 200 day moving average price of GBX 361.31. BlackRock Latin American has a 1 year low of GBX 316 ($4.14) and a 1 year high of GBX 462 ($6.05). The stock has a market cap of £97.38 million, a P/E ratio of 230.77 and a beta of 0.96.

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.