BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend is Friday, May 15th.
BlackRock Multi-Sector Income Trust Price Performance
NYSE BIT opened at $12.67 on Wednesday. The stock’s 50 day moving average is $12.68 and its 200 day moving average is $13.01. BlackRock Multi-Sector Income Trust has a 12 month low of $12.21 and a 12 month high of $15.12.
BlackRock Multi-Sector Income Trust Company Profile
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.
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