BlackRock Capital Allocation Term Trust (BCAT) To Go Ex-Dividend on November 15th

BlackRock Capital Allocation Term Trust (NYSE:BCAT) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.2885 per share on Friday, November 29th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 21.24%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

BlackRock Capital Allocation Term Trust Stock Up 0.1 %

Shares of BCAT stock traded up $0.01 during mid-day trading on Wednesday, reaching $16.30. The stock had a trading volume of 379,263 shares, compared to its average volume of 354,388. BlackRock Capital Allocation Term Trust has a 1-year low of $14.53 and a 1-year high of $17.18. The business’s fifty day moving average is $16.30 and its 200-day moving average is $16.30.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 28,670 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $16.27, for a total transaction of $466,460.90. Following the sale, the insider now directly owns 14,888,870 shares of the company’s stock, valued at $242,241,914.90. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 723,927 shares of company stock valued at $11,925,047 over the last ninety days.

About BlackRock Capital Allocation Term Trust

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