BlackRock Limited Duration Income Trust to Issue Monthly Dividend of $0.11 (NYSE:BLW)

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.1132 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock Limited Duration Income Trust Price Performance

NYSE:BLW opened at $12.38 on Friday. BlackRock Limited Duration Income Trust has a one year low of $12.06 and a one year high of $14.25. The company’s 50-day simple moving average is $12.65 and its 200 day simple moving average is $12.69.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.