BlackRock Income and Growth (LON:BRIG) Stock Price Up 0.8%

Shares of BlackRock Income and Growth (LON:BRIG) shot up 0.8% during mid-day trading on Monday . The stock traded as high as GBX 183 ($2.28) and last traded at GBX 183 ($2.28). 24,799 shares traded hands during trading, an increase of 118% from the average session volume of 11,382 shares. The stock had previously closed at GBX 181.50 ($2.26).

BlackRock Income and Growth Stock Down 0.5 %

The firm has a fifty day moving average price of GBX 180.30 and a 200-day moving average price of GBX 181.91. The company has a quick ratio of 0.88, a current ratio of 0.29 and a debt-to-equity ratio of 9.96. The firm has a market cap of £36.91 million, a price-to-earnings ratio of 1,820.00 and a beta of 0.61.

BlackRock Income and Growth Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 8th were issued a dividend of GBX 4.80 ($0.06) per share. This is a boost from BlackRock Income and Growth’s previous dividend of $2.60. The ex-dividend date of this dividend was Thursday, February 8th. This represents a dividend yield of 2.58%. BlackRock Income and Growth’s dividend payout ratio (DPR) is 7,000.00%.

BlackRock Income and Growth Company Profile

BlackRock Income and Growth Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.