BlackRock Greater Europe (LON:BRGE) Shares Up 1.3% – What’s Next?

Shares of BlackRock Greater Europe (LON:BRGE) rose 1.3% during trading on Thursday . The company traded as high as GBX 565 ($6.95) and last traded at GBX 561 ($6.90). Approximately 248,254 shares were traded during mid-day trading, an increase of 64% from the average daily volume of 151,589 shares. The stock had previously closed at GBX 554 ($6.82).

BlackRock Greater Europe Price Performance

The firm has a market cap of £554.77 million, a price-to-earnings ratio of 487.83 and a beta of 1.01. The company’s fifty day moving average is GBX 550.14 and its 200 day moving average is GBX 579.31. The company has a quick ratio of 2.71, a current ratio of 0.16 and a debt-to-equity ratio of 8.38.

BlackRock Greater Europe Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 21st were issued a GBX 5.25 ($0.06) dividend. This is a boost from BlackRock Greater Europe’s previous dividend of $1.75. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 0.95%. BlackRock Greater Europe’s dividend payout ratio (DPR) is presently 608.70%.

About BlackRock Greater Europe

The Company aims to provide capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe.