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

by · The Markets Daily

Blackrock Income Trust (NYSE:BKT – Get Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be paid a dividend of 0.0882 per share on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date is Friday, December 11th.

Blackrock Income Trust Stock Performance

BKT stock opened at $10.02 on Friday. Blackrock Income Trust has a 52 week low of $10.01 and a 52 week high of $11.84. The company’s 50-day simple moving average is $10.39 and its 200 day simple moving average is $10.56.

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.

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