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

by · The Markets Daily

BlackRock Limited Duration Income Trust (NYSE:BLW – Get Free Report) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.1132 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Limited Duration Income Trust Trading Up 0.6%

Shares of NYSE:BLW opened at $13.81 on Wednesday. The stock has a fifty day simple moving average of $13.75 and a two-hundred day simple moving average of $13.92. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.47.

BlackRock Limited Duration Income Trust Company Profile

(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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