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

BlackRock Multi-Sector Income Trust (NYSE:BIT) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.1237 per share by the investment management company on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date is Friday, November 14th.

BlackRock Multi-Sector Income Trust Stock Down 0.2%

Shares of NYSE:BIT opened at $13.22 on Tuesday. BlackRock Multi-Sector Income Trust has a 1 year low of $12.50 and a 1 year high of $15.12. The stock’s fifty day moving average price is $13.43 and its 200-day moving average price is $14.05.

BlackRock Multi-Sector Income Trust Company Profile

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.