BlackRock Credit Allocation Income Trust (NYSE:BTZ – Get 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
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.
Featured Stories
- Five stocks we like better than BlackRock Credit Allocation Income Trust
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Cintas Ends UniFirst Talks—What’s Next for UNF Stock?
- What Are Dividend Challengers?
- 3 Reasons Wall Street Is Backing Braze Stock Right Now
- Investing In Preferred Stock vs. Common Stock
- MarketBeat Week in Review – 03/31 – 04/04
Receive News & Ratings for BlackRock Credit Allocation Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Credit Allocation Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.