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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Blackrock World Mining Trust Plc | BRWM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 3.00 | 0.62% | 487.00 | 16:29:58 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 484.00 | 484.00 | 487.00 | 484.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 04/03/2025 | Final | GBP | 0.065 | 20/03/2025 | 21/03/2025 | 27/05/2025 |
| 14/11/2024 | Interim | GBP | 0.055 | 28/11/2024 | 29/11/2024 | 20/12/2024 |
| 23/08/2024 | Interim | GBP | 0.055 | 05/09/2024 | 06/09/2024 | 30/09/2024 |
| 09/05/2024 | Interim | GBP | 0.055 | 30/05/2024 | 31/05/2024 | 28/06/2024 |
| 07/03/2024 | Final | GBP | 0.17 | 21/03/2024 | 22/03/2024 | 14/05/2024 |
| 11/10/2023 | Interim | GBP | 0.055 | 23/11/2023 | 24/11/2023 | 22/12/2023 |
| 24/08/2023 | Interim | GBP | 0.055 | 07/09/2023 | 08/09/2023 | 06/10/2023 |
| 18/04/2023 | Interim | GBP | 0.055 | 04/05/2023 | 05/05/2023 | 31/05/2023 |
| 02/03/2023 | Final | GBP | 0.235 | 09/03/2023 | 10/03/2023 | 26/04/2023 |
| 16/11/2022 | Interim | GBP | 0.055 | 24/11/2022 | 25/11/2022 | 22/12/2022 |
| 23/08/2022 | Interim | GBP | 0.055 | 01/09/2022 | 02/09/2022 | 30/09/2022 |
| 06/05/2022 | Interim | GBP | 0.055 | 26/05/2022 | 27/05/2022 | 30/06/2022 |
| 08/03/2022 | Final | GBP | 0.27 | 17/03/2022 | 18/03/2022 | 19/05/2022 |
| 18/11/2021 | Interim | GBP | 0.055 | 25/11/2021 | 26/11/2021 | 24/12/2021 |
| 19/08/2021 | Interim | GBP | 0.055 | 26/08/2021 | 27/08/2021 | 24/09/2021 |
| 29/04/2021 | Interim | GBP | 0.045 | 27/05/2021 | 28/05/2021 | 25/06/2021 |
| 04/03/2021 | Final | GBP | 0.083 | 18/03/2021 | 19/03/2021 | 06/05/2021 |
| 12/11/2020 | Interim | GBP | 0.04 | 19/11/2020 | 20/11/2020 | 18/12/2020 |
| 19/08/2020 | Interim | GBP | 0.04 | 27/08/2020 | 28/08/2020 | 25/09/2020 |
| 30/04/2020 | Interim | GBP | 0.04 | 28/05/2020 | 29/05/2020 | 26/06/2020 |
| Top Posts |
|---|
Posted at 22/5/2025 00:01 by philanderer "The Board of BlackRock World Mining Trust plc is pleased to announce that the first quarterly interim dividend in respect of the quarter ended 31 March 2025 of 5.50p per ordinary share has been declared by the Directors, payable on 27 June 2025 to holders of ordinary shares on the register at the close of business on 30 May 2025 (ex-dividend date is 29 May 2025)" |
Posted at 12/5/2025 21:02 by oggyrocks I bought in recently. Think about 4.70. Decent dividend to support plenty of growth. Expect it to hit £6 in next 12-18 months, so a decent return possible. |
Posted at 21/4/2025 14:41 by laurence llewelyn binliner #Dartboard1, yes, the major operators will also be well diversified on top and in that category, interesting discussion, it is because of the diversification that (IMO) makes this trust a safe(r) place to be for dividends and a CG over time, commodity prices are cyclical and very fickle, BRWM will never be in a position where the dividend gets shelved but it will float with the cycles, happy to have doubled down recently on the lows sub 400 pence and see where we are in 2030/2035 on a total return basis while enjoying the dividend income.. :o) |
Posted at 21/4/2025 13:06 by aleman From Dec 31 2024 annual report:Other 15.3% Aluminium 3.6% Uranium 3.8% Steel 5.2% Iron Ore 20.5% Gold 25.0% Copper 38.6% Gearing -12.0% Others include coking coal, lithium, nickel, thermal coal, zinc, mineral sands, rare earths, diamonds and platinum group metals Source: BlackRock This is based on EBITDA contributions for the invested companies but there is other income. Royalty income was 10%, option income increased to 20%, while income from fixed income securities declined to 1% given the compression in yields we have seen across the sector. The rise in option income is worth noting. Rising option income can be at the expense of capital gain so that enhancing income in this way can see NAV underperformance over time. This should be kept under observation. I'm noticing most of the investment trusts I'm invested in are adopting policies that eat away at their capital base in the longer term. The most obvious is the proliferating share buy-backs - the sale of assets to buy sub-NAV shares in the market, enhancing earnings per share but on a shrinking asset base. The shrinkage is often overlooked in stronger spells but hits home more in weaker spells, like recent years. (BRWM is currently authorised to buy back up to 15% of its shares.) If this continues, many investment trusts will wither away, hence an increasing number of mergers recently after some smaller funds have shrunk such that they've become unable to support their cost bases. Investors should consider voting against excessive options writing and buy-backs which leave no long term future, or just taking the money and running when the shares have a better spell. (Not many of those recently and discounts have generally been expanding, leading to snakes eating tales even faster.) If discounts to NAV are large, investors might consider voting for a winding up and taking the value now rather than watching it erode. This is a growing problem that I have yet to see draw any reporting media comment. Any body else seen any commentary on it? |
Posted at 21/4/2025 10:18 by laurence llewelyn binliner #Giltedge1, BRWM are far more diversified than you might think and the primary reason I hold here, Iron Ore is a component of income but only 4% exposure, whereas Copper 22% and Gold 27% so yes we will be impacted, but far outweighed by gains in other portfolio metals, WPM is also 4% on its own..Recent gains in Copper/Gold prices to sell into plus falling oil converting into lower portfolio mine operator AISC should then slowly filter through into bottom line and dividend payouts to us.. It is a fair point that AISC have been rising over 2024, along with business OPEX, but 3,000 POG, 10,000 POC are yet to get reported in the quarterly sales figures.. I doubled down sub 400 pence, rather pleased to get that opportunity on new ISA day this year.. :o) |
Posted at 21/4/2025 08:14 by giltedge1 BRWM has two conflicting forces affecting share price Gold & Copper price rising good & Iron Ore falling bad, as M ajors use Iron Ore profits to pay divs, no increase in div expected short term. So expect div to remain at 23p there abouts, as Gold producers have not managed so far to convert rising Gold prices to rising divs. Even manager a bit disappointed last report. Would buy if drops to low 4 price as long term outlook good. |
Posted at 05/4/2025 14:22 by joey52 grahamnashThe final dividend has dropped over the last 3 years as BRWM policy is to distribute all available income, the companies that they invest in have for the most part reduced their dividends. As in past years, all dividends are fully covered by income. In accordance with the Board’s stated policy, the total dividends represent substantially all of the year’s available income. I did hold to May 24, with this week's drop, the yield is now 7.96%, if they maintain or increase. Will see how next week pans out, not a bad entry point IMHO, DYOR |
Posted at 29/3/2025 08:13 by laurence llewelyn binliner #Lagermania, good handle BTW.. :o)Exactly why I am a buyer here, oil is off and weakening, our basket of commodity prices produced is rising, it will take 3/6 months to filter through into mine operator profits and FCF for distribution back to BRWM, setting us up for stronger dividends here for FY25, a waiting game now and with new ISA day next weekend, great timing and ready to reload on Monday with some undervalued stock(s).. |
Posted at 28/3/2025 14:03 by laurence llewelyn binliner This trust is a gem, very well diversified, and will never be in a position where they do not have the quarterly dividend covered..Commodities are cyclical in price, Copper/Gold are on a rip in 2025, mine operator profits will come in as dividends/streams for distribution to shareholders, a buy at under 500 pence IMO, and I am a buyer, if you hold at 600/700 just keep them for a decade and measure it on a total return basis, trusts are not a short term CG or profit generator, they can be but mostly just plod along cranking out dividends.. :o) |
Posted at 09/3/2025 10:22 by xtrmntr MINING07 MAR, 20252Share lag on commodity rises leaves BlackRock mining duo 'frustrated'BlackRoc |
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