BlackRock Multi-Sector Income Trust Announces Monthly Dividend of $0.12 (NYSE:BIT)

BlackRock Multi-Sector Income Trust (NYSE:BIT) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.1237 per share by the investment management company on Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 10.05%. The ex-dividend date is Monday, December 16th.

BlackRock Multi-Sector Income Trust Stock Down 0.3 %

Shares of NYSE BIT traded down $0.05 during midday trading on Friday, reaching $14.77. The company’s stock had a trading volume of 315,394 shares, compared to its average volume of 116,066. The business’s 50 day moving average price is $14.80 and its two-hundred day moving average price is $14.79. BlackRock Multi-Sector Income Trust has a fifty-two week low of $14.39 and a fifty-two week high of $15.98.

About BlackRock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.