BlackRock Floating Rate Income Trust (BGT) to Issue Monthly Dividend of $0.12 on February 28th

BlackRock Floating Rate Income Trust (NYSE:BGTGet Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.1203 per share by the investment management company on Friday, February 28th. This represents a $1.44 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock Floating Rate Income Trust has raised its dividend by an average of 29.4% per year over the last three years.

BlackRock Floating Rate Income Trust Price Performance

BlackRock Floating Rate Income Trust stock opened at $12.76 on Wednesday. BlackRock Floating Rate Income Trust has a 1-year low of $12.05 and a 1-year high of $13.97. The company’s 50-day moving average is $12.85 and its 200 day moving average is $12.89.

BlackRock Floating Rate Income Trust Company Profile

(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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