BlackRock ESG Capital Allocation Term Trust Plans Monthly Dividend of $0.27 (NYSE:ECAT)

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.2688 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 20.4%. The ex-dividend date is Friday, August 14th.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.1%

Shares of ECAT opened at $15.85 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a fifty-two week low of $13.36 and a fifty-two week high of $17.14. The stock has a fifty day moving average of $15.47 and a two-hundred day moving average of $15.07.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. purchased a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $49,000. Geneos Wealth Management Inc. raised its stake in BlackRock ESG Capital Allocation Term Trust by 630.3% during the second quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock worth $51,000 after purchasing an additional 2,723 shares during the period. Tucker Asset Management LLC purchased a new position in BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth approximately $53,000. Triumph Capital Management acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at $62,000. Finally, Global Retirement Partners LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter valued at $65,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.