BlackRock Limited Duration Income Trust (NYSE:BLW) Announces $0.11 Monthly Dividend

by · The Markets Daily

BlackRock Limited Duration Income Trust (NYSE:BLW – Get Free Report) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be given a dividend of 0.1132 per share by the investment management company on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Friday, November 13th.

BlackRock Limited Duration Income Trust Stock Performance

NYSE BLW opened at $12.38 on Friday. The stock’s 50-day simple moving average is $12.65 and its two-hundred day simple moving average is $12.69. BlackRock Limited Duration Income Trust has a twelve month low of $12.06 and a twelve month high of $14.25.

About BlackRock Limited Duration Income Trust

(Get Free Report)

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.

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