BlackRock Core Bond Trust to Issue Monthly Dividend of $0.07 (NYSE:BHK)

BlackRock Core Bond Trust (NYSE:BHK) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0746 per share by the investment management company on Wednesday, April 30th. This represents a $0.90 annualized dividend and a dividend yield of 8.15%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Core Bond Trust Price Performance

BHK traded up $0.01 during midday trading on Thursday, hitting $10.98. 176,107 shares of the company traded hands, compared to its average volume of 126,410. The company’s 50-day moving average is $10.62 and its 200 day moving average is $10.99. BlackRock Core Bond Trust has a 52 week low of $10.09 and a 52 week high of $12.10.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.