BlackRock Capital Allocation Term Trust Announces Monthly Dividend of $0.26 (NYSE:BCAT)

BlackRock Capital Allocation Term Trust (NYSE:BCAT) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.2607 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 21.1%. The ex-dividend date is Tuesday, January 20th.

BlackRock Capital Allocation Term Trust Stock Performance

Shares of NYSE BCAT opened at $14.82 on Friday. BlackRock Capital Allocation Term Trust has a one year low of $12.91 and a one year high of $15.91. The company’s fifty day moving average is $14.36 and its two-hundred day moving average is $14.69.

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.