BlackRock Income Trust, Inc. (NYSE:BKT) to Issue Monthly Dividend of $0.09

BlackRock Income Trust, Inc. (NYSE:BKT) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0882 per share on Wednesday, April 30th. This represents a $1.06 annualized dividend and a dividend yield of 8.84%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Income Trust Stock Performance

BKT stock traded up $0.08 during midday trading on Thursday, hitting $11.98. The company’s stock had a trading volume of 92,227 shares, compared to its average volume of 63,891. The firm’s 50-day moving average is $11.72 and its 200-day moving average is $11.86. BlackRock Income Trust has a 12 month low of $11.06 and a 12 month high of $12.67.

About BlackRock Income Trust

BlackRock Income Trust, Inc 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 invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.