BlackRock Floating Rate Income Trust (NYSE:BGT) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.0583 per share by the investment management company on Friday, September 29th. This represents a $0.70 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date of this dividend is Thursday, September 14th.

BlackRock Floating Rate Income Trust has decreased its dividend payment by an average of 8.1% annually over the last three years.

BlackRock Floating Rate Income Trust (BGT) traded up 0.0191% during trading on Wednesday, reaching $13.6526. 27,452 shares of the company’s stock were exchanged. BlackRock Floating Rate Income Trust has a 1-year low of $13.10 and a 1-year high of $14.79. The company’s 50-day moving average is $13.80 and its 200-day moving average is $14.20.

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About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust (the Trust) is a non-diversified, closed-end management investment Company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Dividend History for BlackRock Floating Rate Income Trust (NYSE:BGT)

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