BlackRock Credit Allocation Income Trust (BTZ) to Issue Monthly Dividend of $0.08 on April 30th

BlackRock Credit Allocation Income Trust (NYSE:BTZGet Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0839 per share by the investment management company on Wednesday, April 30th. This represents a $1.01 annualized dividend and a yield of 9.93%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Credit Allocation Income Trust has decreased its dividend by an average of 0.9% per year over the last three years.

BlackRock Credit Allocation Income Trust Stock Down 3.9 %

NYSE BTZ opened at $10.14 on Friday. The firm’s fifty day moving average price is $10.73 and its 200 day moving average price is $10.81. BlackRock Credit Allocation Income Trust has a 12 month low of $9.92 and a 12 month high of $11.30.

BlackRock Credit Allocation Income Trust Company Profile

(Get Free Report)

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.

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Dividend History for BlackRock Credit Allocation Income Trust (NYSE:BTZ)

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