BlackRock Limited Duration Income Trust (NYSE:BLW) Declares Monthly Dividend of $0.11

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.1132 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE BLW opened at $12.66 on Wednesday. The stock’s 50-day moving average is $12.86 and its 200 day moving average is $13.46. BlackRock Limited Duration Income Trust has a 1-year low of $12.06 and a 1-year high of $14.30.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.