BlackRock Multi-Sector Income Trust to Issue Monthly Dividend of $0.12 (NYSE:BIT)

Posted by Linda Flegge on May 6th, 2025

BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, May 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 10.48%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock Multi-Sector Income Trust Trading Down 0.5 %

BIT stock opened at $14.17 on Tuesday. BlackRock Multi-Sector Income Trust has a 1 year low of $12.50 and a 1 year high of $15.48. The company has a 50 day simple moving average of $14.15 and a 200 day simple moving average of $14.49.

About BlackRock Multi-Sector Income Trust

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BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.