BlackRock Limited Duration Income Trust Plans Monthly Dividend of $0.11 (NYSE:BLW)

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be paid a dividend of 0.1132 per share by the investment management company on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Limited Duration Income Trust Price Performance

BLW stock opened at $12.38 on Friday. BlackRock Limited Duration Income Trust has a 52 week low of $12.06 and a 52 week high of $14.25. The company’s 50-day moving average price is $12.65 and its 200 day moving average price is $12.69.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.