Blackrock Income Trust Plans Monthly Dividend of $0.09 (NYSE:BKT)

by · The Cerbat Gem

Blackrock Income Trust (NYSE:BKT – Get Free Report) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be given a dividend of 0.0882 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend is Thursday, October 15th.

Blackrock Income Trust Trading Down 1.1%

Shares of NYSE BKT opened at $10.02 on Friday. Blackrock Income Trust has a 12-month low of $10.01 and a 12-month high of $11.84. The business’s fifty day simple moving average is $10.39 and its 200-day simple moving average is $10.56.

About Blackrock Income Trust

(Get Free Report)

BlackRock Income Trust (NYSE: BKT) is a diversified, closed-end management investment company sponsored by BlackRock, Inc The fund seeks to provide current income through investments in a broad array of fixed-income securities. Its holdings typically include high-yield corporate bonds, investment-grade corporate debt, government and agency obligations and securitized products such as mortgage- and asset-backed securities.

The trust employs active portfolio management, aiming to capitalize on credit opportunities across global and domestic markets.

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