BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.2501 per share on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 18.9%. The ex-dividend date is Friday, December 11th.
BlackRock Capital Allocation Term Trust Price Performance
Shares of NYSE BCAT opened at $15.90 on Friday. The firm’s 50-day moving average price is $15.83 and its two-hundred day moving average price is $15.42. BlackRock Capital Allocation Term Trust has a 52-week low of $13.73 and a 52-week high of $16.20.
BlackRock Capital Allocation Term Trust Company Profile
BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.
BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.
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