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

BlackRock Multi-Sector Income Trust (NYSE:BITGet Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.1237 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock Multi-Sector Income Trust Stock Performance

Shares of NYSE:BIT opened at $12.29 on Wednesday. The firm has a 50 day moving average of $12.39 and a 200-day moving average of $12.66. BlackRock Multi-Sector Income Trust has a 12 month low of $12.12 and a 12 month high of $15.12.

BlackRock Multi-Sector Income Trust Company Profile

(Get Free Report)

BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.

The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.

Featured Articles

Dividend History for BlackRock Multi-Sector Income Trust (NYSE:BIT)

Receive News & Ratings for BlackRock Multi-Sector Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Multi-Sector Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.