BlackRock Credit Allocation Income Trust (NYSE:BTZ) Plans Dividend of $0.08

BlackRock Credit Allocation Income Trust (NYSE:BTZ) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0839 per share by the investment management company on Friday, January 31st. The ex-dividend date is Wednesday, January 15th. This is a positive change from BlackRock Credit Allocation Income Trust’s previous dividend of $0.07.

BlackRock Credit Allocation Income Trust Price Performance

Shares of BlackRock Credit Allocation Income Trust stock traded up $0.08 on Friday, hitting $10.58. The company’s stock had a trading volume of 313,802 shares, compared to its average volume of 236,551. The firm has a fifty day moving average price of $10.79 and a 200-day moving average price of $10.87. BlackRock Credit Allocation Income Trust has a 1 year low of $9.92 and a 1 year high of $11.30.

BlackRock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.