BlackRock Frontiers (BRFI) To Go Ex-Dividend on January 9th

BlackRock Frontiers (LON:BRFI) announced a dividend on Friday, December 5th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of $0.06 per share on Friday, February 14th. This represents a dividend yield of 3.14%. The ex-dividend date is Thursday, January 9th. This is an increase from BlackRock Frontiers’s previous dividend of $0.04. The official announcement can be viewed at this link.

BlackRock Frontiers Price Performance

Shares of BRFI stock opened at GBX 161.01 ($2.01) on Tuesday. The business’s fifty day moving average price is GBX 152.54 and its 200 day moving average price is GBX 147.82. The firm has a market capitalization of £304.84 million, a PE ratio of 536.70 and a beta of 0.66. BlackRock Frontiers has a 1-year low of GBX 137.50 ($1.72) and a 1-year high of GBX 165.50 ($2.07).

Insider Activity

In other news, insider Hatem Dowidar purchased 250 shares of the company’s stock in a transaction dated Friday, October 11th. The stock was acquired at an average price of GBX 147 ($1.84) per share, for a total transaction of £367.50 ($459.78). Also, insider Lucy Taylor-Smith acquired 20,730 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was acquired at an average cost of GBX 144 ($1.80) per share, for a total transaction of £29,851.20 ($37,346.68). Insiders purchased 45,730 shares of company stock worth $6,660,120 in the last 90 days. 6.74% of the stock is currently owned by corporate insiders.

About BlackRock Frontiers

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.