BlackRock World Mining Trust plc (BRWM) to Issue Dividend of GBX 6.50 on May 27th

BlackRock World Mining Trust plc (LON:BRWM) announced a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 6.50 ($0.08) per share by the investment trust on Tuesday, May 27th. This represents a dividend yield of 1.29%. The ex-dividend date is Thursday, March 20th. The official announcement can be accessed at this link.

BlackRock World Mining Trust Trading Up 0.8 %

Shares of BRWM traded up GBX 4.18 ($0.05) during mid-day trading on Tuesday, hitting GBX 500.18 ($6.50). The company’s stock had a trading volume of 3,435,687 shares, compared to its average volume of 673,822. The firm has a 50-day simple moving average of GBX 491.41 and a 200 day simple moving average of GBX 504.19. The firm has a market capitalization of £957.87 million, a P/E ratio of -71.56 and a beta of 1.01. BlackRock World Mining Trust has a 1-year low of GBX 463.20 ($6.02) and a 1-year high of GBX 634 ($8.23).

BlackRock World Mining Trust (LON:BRWM) last posted its quarterly earnings results on Wednesday, March 5th. The investment trust reported GBX 23.09 ($0.30) EPS for the quarter. BlackRock World Mining Trust had a negative return on equity of 1.19% and a negative net margin of 153.65%.

Insider Activity

In other news, insider Srinivasan Venkatakrishnan acquired 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of GBX 476 ($6.18) per share, with a total value of £9,520 ($12,365.24). Insiders own 2.68% of the company’s stock.

About BlackRock World Mining Trust

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals.