BlackRock Core Bond Trust (NYSE:BHK) to Issue $0.07 Monthly Dividend

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be given a dividend of 0.0746 per share by the investment management company on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Thursday, October 15th.

BlackRock Core Bond Trust Stock Performance

NYSE:BHK opened at $8.77 on Friday. BlackRock Core Bond Trust has a one year low of $8.69 and a one year high of $10.12. The firm has a 50-day simple moving average of $9.02 and a 200-day simple moving average of $9.10.

Hedge Funds Weigh In On BlackRock Core Bond Trust

Large investors have recently bought and sold shares of the business. Turim 21 Investimentos Ltda. purchased a new stake in BlackRock Core Bond Trust during the third quarter worth $31,000. Kestra Advisory Services LLC purchased a new position in shares of BlackRock Core Bond Trust in the 4th quarter valued at $34,000. Axiom Investment Management LLC bought a new position in shares of BlackRock Core Bond Trust in the 1st quarter worth $35,000. CIBC Private Wealth Group LLC bought a new position in shares of BlackRock Core Bond Trust in the 4th quarter worth $37,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of BlackRock Core Bond Trust during the 2nd quarter worth $46,000.

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.