BlackRock Frontiers (LON:BRFI) to Issue Dividend of GBX 8.05

BlackRock Frontiers (LON:BRFI) declared a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be given a dividend of GBX 8.05 ($0.10) per share on Monday, March 31st. This represents a yield of 4.29%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 13,316.7% increase from BlackRock Frontiers’s previous dividend of $0.06. The official announcement can be seen at this link.

BlackRock Frontiers Stock Performance

BlackRock Frontiers stock opened at GBX 154 ($2.00) on Friday. The stock has a market cap of £365.60 million, a P/E ratio of 6.25 and a beta of 0.66. BlackRock Frontiers has a fifty-two week low of GBX 137.50 ($1.78) and a fifty-two week high of GBX 165.50 ($2.15). The firm’s fifty day moving average price is GBX 156.41 and its 200-day moving average price is GBX 152.

BlackRock Frontiers Company Profile

The Company’s investment objective is to achieve long term capital growth by investing in companies domiciled or listed in, or exercising the predominant part of their economic activity in, less developed countries. These countries (the “Frontiers Universe”) are any country which is neither part of the MSCI World Index of developed markets nor one of the eight largest countries by market capitalisation in the MSCI Emerging Markets Index as at 1 April 2018: being Brazil, China, India, Korea, Mexico, Russia, South Africa, and Taiwan.