BlackRock Floating Rate Income Trust (NYSE:BGT) Plans Monthly Dividend of $0.12

BlackRock Floating Rate Income Trust (NYSE:BGT) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.1203 per share by the investment management company on Friday, January 31st. This represents a $1.44 dividend on an annualized basis and a yield of 11.43%. The ex-dividend date is Wednesday, January 15th.

BlackRock Floating Rate Income Trust has increased its dividend payment by an average of 29.4% per year over the last three years.

BlackRock Floating Rate Income Trust Price Performance

Shares of NYSE:BGT opened at $12.63 on Monday. BlackRock Floating Rate Income Trust has a fifty-two week low of $12.01 and a fifty-two week high of $13.97. The business has a 50-day simple moving average of $13.02 and a two-hundred day simple moving average of $12.95.

BlackRock Floating Rate Income Trust Company Profile

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.