Hatem Dowidar Acquires 15,000 Shares of BlackRock Frontiers (LON:BRFI) Stock

BlackRock Frontiers (LON:BRFI - Get Free Report) insider Hatem Dowidar bought 15,000 shares of the business's stock in a transaction dated Thursday, May 29th. The shares were purchased at an average cost of GBX 157 ($2.13) per share, with a total value of £23,550 ($31,914.89).

BlackRock Frontiers Price Performance

LON BRFI traded down GBX 1.86 ($0.03) on Thursday, hitting GBX 156.14 ($2.12). The company had a trading volume of 375,731 shares, compared to its average volume of 327,094. BlackRock Frontiers has a 12-month low of GBX 125.68 ($1.70) and a 12-month high of GBX 165.50 ($2.24). The company has a market capitalization of £370.69 million, a PE ratio of 6.33 and a beta of 0.66. The company's fifty day moving average price is GBX 150.06 and its 200-day moving average price is GBX 153.63.

BlackRock Frontiers Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of GBX 8.05 ($0.11) per share. This is a boost from BlackRock Frontiers's previous dividend of $0.06. The ex-dividend date of this dividend was Thursday, March 27th. This represents a dividend yield of 4.29%. BlackRock Frontiers's payout ratio is presently 28.39%.

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.