BlackRock Credit Allocation Income Trust (NYSE:BTZ – Get Free Report) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be given a dividend of 0.0839 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Friday, November 13th.
BlackRock Credit Allocation Income Trust Stock Performance
NYSE:BTZ opened at $9.77 on Friday. BlackRock Credit Allocation Income Trust has a fifty-two week low of $9.70 and a fifty-two week high of $11.18. The stock’s fifty day moving average is $10.12 and its 200 day moving average is $10.18.
About BlackRock Credit Allocation Income Trust
BlackRock Credit Allocation Income Trust (NYSE: BTZ) is a closed-end management investment company sponsored by BlackRock Fund Advisors. The trust seeks to provide investors with a high level of current income, as well as the potential for capital appreciation, through an actively managed portfolio of credit and income-producing securities. BTZ primarily focuses on instruments that offer attractive yields while aiming to preserve capital over the long term.
The portfolio is diversified across a broad spectrum of credit sectors, including investment-grade corporate debt, high-yield bonds, leveraged bank loans, residential and commercial mortgage-backed securities, and asset-backed securities.
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