BlackRock Core Bond Trust Declares Monthly Dividend of $0.07 (NYSE:BHK)

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.0746 per share by the investment management company on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Friday, December 11th.

BlackRock Core Bond Trust Stock Down 1.4%

Shares of BlackRock Core Bond Trust stock opened at $8.77 on Friday. The firm’s fifty day simple moving average is $9.02 and its 200-day simple moving average is $9.10. BlackRock Core Bond Trust has a 12 month low of $8.69 and a 12 month high of $10.12.

BlackRock Core Bond Trust Company Profile

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.