BlackRock Core Bond Trust Declares Monthly Dividend of $0.07 (NYSE:BHK)

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.0746 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Friday, March 13th.

BlackRock Core Bond Trust Price Performance

NYSE BHK traded down $0.05 during trading on Wednesday, reaching $9.30. 54,111 shares of the company’s stock were exchanged, compared to its average volume of 283,526. The business has a 50 day moving average price of $9.58 and a 200-day moving average price of $9.68. BlackRock Core Bond Trust has a fifty-two week low of $9.27 and a fifty-two week high of $11.00.

BlackRock Core Bond Trust Company Profile

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.