BlackRock Smaller Companies Trust (LON:BRSC) Announces Dividend Increase – GBX 22 Per Share

BlackRock Smaller Companies Trust (LON:BRSCGet Rating) declared a dividend on Friday, April 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 12th will be given a dividend of GBX 22 ($0.28) per share on Friday, June 17th. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, May 12th. This is a boost from BlackRock Smaller Companies Trust’s previous dividend of $13.00. The official announcement can be seen at this link.

LON BRSC opened at GBX 1,552 ($19.78) on Friday. The company has a market cap of £757.84 million and a P/E ratio of 1.77. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a 50-day moving average of GBX 1,628.44 and a two-hundred day moving average of GBX 1,858.79. BlackRock Smaller Companies Trust has a 1-year low of GBX 1,412.27 ($18.00) and a 1-year high of GBX 2,230.28 ($28.43).

In related news, insider Ronald Gould acquired 1,544 shares of the firm’s stock in a transaction dated Wednesday, February 2nd. The stock was acquired at an average price of GBX 1,891 ($24.10) per share, for a total transaction of £29,197.04 ($37,212.64).

Separately, Shore Capital reaffirmed a “house stock” rating on shares of BlackRock Smaller Companies Trust in a research report on Tuesday, March 29th.

About BlackRock Smaller Companies Trust (Get Rating)

BlackRock Smaller Companies Trust plc is a closed ended equity mutual fund launched by BlackRock Fund Managers Limited. The fund is managed by BlackRock Investment Managers (UK) Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in the stocks of companies operating across diversified sectors including support services, software and computer services, media and entertainment, construction and building materials, leisure and hotels, general retailers, mining, oil and gas, specialty and other finance, and information technology hardware.

Further Reading

Dividend History for BlackRock Smaller Companies Trust (LON:BRSC)

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