BlackRock Capital Allocation Term Trust Declares Monthly Dividend of $0.26 (NYSE:BCAT)

by · The Cerbat Gem

BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) announced a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be paid a dividend of 0.2649 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 21.6%. The ex-dividend date is Friday, November 14th.

BlackRock Capital Allocation Term Trust Stock Performance

Shares of NYSE:BCAT opened at $14.71 on Tuesday. The firm’s 50 day moving average is $14.81 and its two-hundred day moving average is $14.84. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $16.54.

Hedge Funds Weigh In On BlackRock Capital Allocation Term Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its stake in shares of BlackRock Capital Allocation Term Trust by 83.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,947 shares of the company’s stock valued at $29,000 after buying an additional 885 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of BlackRock Capital Allocation Term Trust by 341.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,045 shares of the company’s stock worth $31,000 after purchasing an additional 1,582 shares during the period. Red Tortoise LLC bought a new position in shares of BlackRock Capital Allocation Term Trust during the 2nd quarter worth about $33,000. McIlrath & Eck LLC increased its holdings in shares of BlackRock Capital Allocation Term Trust by 971.1% during the 3rd quarter. McIlrath & Eck LLC now owns 2,999 shares of the company’s stock worth $44,000 after purchasing an additional 2,719 shares during the period. Finally, Private Trust Co. NA bought a new position in shares of BlackRock Capital Allocation Term Trust during the 1st quarter worth about $50,000. Institutional investors and hedge funds own 36.12% of the company’s stock.

BlackRock Capital Allocation Term Trust Company Profile

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