BlackRock Credit Allocation Income Trust (BTZ) to Issue Monthly Dividend of $0.08 on October 31st

BlackRock Credit Allocation Income Trust (NYSE:BTZGet Free Report) declared a monthly dividend on Wednesday, October 1st. Stockholders of record on Wednesday, October 15th will be given a dividend of 0.0839 per share by the investment management company on Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Wednesday, October 15th.

BlackRock Credit Allocation Income Trust Price Performance

BTZ stock opened at $10.97 on Monday. BlackRock Credit Allocation Income Trust has a 12 month low of $9.54 and a 12 month high of $11.18. The firm has a 50-day moving average price of $11.02 and a 200-day moving average price of $10.77.

BlackRock Credit Allocation Income Trust Company Profile

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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.

Further Reading

Dividend History for BlackRock Credit Allocation Income Trust (NYSE:BTZ)

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