Blackrock Multi-Sector Income Trust (BIT) Earning Positive Media Coverage, Report Finds

News articles about Blackrock Multi-Sector Income Trust (NYSE:BIT) have been trending positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blackrock Multi-Sector Income Trust earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.587651635471 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Blackrock Multi-Sector Income Trust (NYSE BIT) traded down 0.22% during midday trading on Friday, reaching $18.40. The company’s stock had a trading volume of 58,989 shares. Blackrock Multi-Sector Income Trust has a 12 month low of $15.52 and a 12 month high of $18.58. The stock’s 50-day moving average price is $18.31 and its 200-day moving average price is $17.88.

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a dividend of $0.1167 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.40 annualized dividend and a dividend yield of 7.61%.

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About Blackrock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Insider Buying and Selling by Quarter for Blackrock Multi-Sector Income Trust (NYSE:BIT)

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