BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) announced a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date is Friday, May 15th.
BlackRock Multi-Sector Income Trust Trading Up 0.3%
Shares of BIT stock opened at $12.70 on Wednesday. The business’s 50 day moving average is $12.68 and its two-hundred day moving average is $13.01. BlackRock Multi-Sector Income Trust has a twelve month low of $12.21 and a twelve month high of $15.12.
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.
The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.
Featured Articles
- Five stocks we like better than BlackRock Multi-Sector Income Trust
- Dream Finders Homes’ Hostile Bid Creates a Dual Squeeze Play
- Why OpenAI’s IPO Plans Could Be a Massive Win for Microsoft
- A Real Biggie Deal: Wendy’s Serves Up a Juicy Buyout Arbitrage
- Ally Financial Is Back to Basics—And Investors Are Watching
Receive News & Ratings for BlackRock Multi-Sector Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Multi-Sector Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
