BlackRock Floating Rate Income Trust to Issue Dividend of $0.12 (NYSE:BGT)

BlackRock Floating Rate Income Trust (NYSE:BGTGet Free Report) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1203 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Floating Rate Income Trust has raised its dividend by an average of 22.5% annually over the last three years.

BlackRock Floating Rate Income Trust Price Performance

BGT stock traded down $0.08 during trading on Friday, reaching $12.85. 182,712 shares of the company were exchanged, compared to its average volume of 152,656. BlackRock Floating Rate Income Trust has a twelve month low of $12.01 and a twelve month high of $13.97. The company has a 50-day moving average of $13.05 and a two-hundred day moving average of $12.95.

About BlackRock Floating Rate Income Trust

(Get Free Report)

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.

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Dividend History for BlackRock Floating Rate Income Trust (NYSE:BGT)

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