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

Blackrock Income Trust (NYSE:BKTGet Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be paid a dividend of 0.0882 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date is Friday, August 14th.

Blackrock Income Trust Price Performance

NYSE BKT opened at $10.48 on Wednesday. The business has a fifty day simple moving average of $10.47 and a 200 day simple moving average of $10.68. Blackrock Income Trust has a 12 month low of $10.16 and a 12 month high of $11.86.

About Blackrock Income Trust

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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.

Further Reading

Dividend History for Blackrock Income Trust (NYSE:BKT)

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