Blackrock Income Trust (BKT) to Issue Monthly Dividend of $0.09 on September 30th

by · The Markets Daily

Blackrock Income Trust (NYSE:BKT – Get Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0882 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Blackrock Income Trust Stock Performance

Shares of BKT stock opened at $10.02 on Friday. The firm’s 50 day moving average price is $10.38 and its 200-day moving average price is $10.56. Blackrock Income Trust has a one year low of $9.95 and a one year high of $11.84.

Blackrock Income Trust Company Profile

(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.

See Also