BlackRock Frontiers (LON:BRFI) Raises Dividend to GBX 8.05 Per Share

BlackRock Frontiers (LON:BRFI - Get Free Report) announced a dividend on Thursday, March 20th, Upcoming Dividends.Co.Uk reports. Shareholders 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 accessed at this link.

BlackRock Frontiers Stock Performance

Shares of LON:BRFI traded up GBX 1.50 ($0.02) during midday trading on Monday, reaching GBX 150.50 ($1.94). 148,910 shares of the company's stock were exchanged, compared to its average volume of 318,371. The company's 50 day simple moving average is GBX 156.22 and its two-hundred day simple moving average is GBX 152.12. BlackRock Frontiers has a 12 month low of GBX 137.50 ($1.78) and a 12 month high of GBX 165.50 ($2.14). The firm has a market capitalization of £357.29 million, a PE ratio of 6.10 and a beta of 0.66.

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.