BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) to Issue Monthly Dividend of $0.30

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.3036 per share on Wednesday, April 30th. This represents a $3.64 dividend on an annualized basis and a yield of 23.48%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock ESG Capital Allocation Term Trust has raised its dividend payment by an average of 147.1% annually over the last three years.

BlackRock ESG Capital Allocation Term Trust Trading Down 2.8 %

NYSE:ECAT traded down $0.46 during mid-day trading on Thursday, hitting $15.52. The stock had a trading volume of 499,231 shares, compared to its average volume of 284,548. The company has a 50 day simple moving average of $16.49 and a 200-day simple moving average of $16.98. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $15.26 and a 52 week high of $18.14.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.