BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be given a dividend of 0.1237 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Friday, August 14th.
BlackRock Multi-Sector Income Trust Trading Down 0.4%
NYSE:BIT opened at $12.29 on Wednesday. BlackRock Multi-Sector Income Trust has a twelve month low of $12.12 and a twelve month high of $15.12. The company has a fifty day moving average of $12.39 and a 200-day moving average of $12.66.
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.
The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.
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