BlackRock Capital Allocation Term Trust Declares Monthly Dividend of $0.25 (NYSE:BCAT)

BlackRock Capital Allocation Term Trust (NYSE:BCAT) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.2501 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 18.9%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Capital Allocation Term Trust Stock Performance

NYSE:BCAT opened at $15.90 on Friday. The firm’s fifty day simple moving average is $15.83 and its 200 day simple moving average is $15.42. BlackRock Capital Allocation Term Trust has a twelve month low of $13.73 and a twelve month high of $16.20.

About BlackRock Capital Allocation Term Trust

BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.

BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.