BlackRock Limited Duration Income Trust (NYSE:BLW) to Issue Dividend Increase – $0.11 Per Share

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.1132 per share by the investment management company on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from BlackRock Limited Duration Income Trust’s previous dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend payment by an average of 3.4% annually over the last three years.

BlackRock Limited Duration Income Trust Price Performance

Shares of BlackRock Limited Duration Income Trust stock traded down $0.14 on Tuesday, hitting $14.23. The stock had a trading volume of 278,247 shares, compared to its average volume of 99,097. BlackRock Limited Duration Income Trust has a twelve month low of $13.24 and a twelve month high of $14.63. The business’s 50 day moving average is $14.24 and its two-hundred day moving average is $14.30.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.