BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.2579 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 19.8%. The ex-dividend date of this dividend is Friday, May 15th.
BlackRock Capital Allocation Term Trust Stock Up 0.5%
Shares of BlackRock Capital Allocation Term Trust stock opened at $15.67 on Wednesday. BlackRock Capital Allocation Term Trust has a twelve month low of $13.73 and a twelve month high of $15.71. The firm’s 50-day moving average price is $14.82 and its 200 day moving average price is $14.64.
BlackRock Capital Allocation Term Trust Company Profile
BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.
BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.
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