BlackRock Income Trust, Inc. (NYSE:BKT – Get Rating)’s stock price was up 0.5% during mid-day trading on Thursday . The company traded as high as $12.60 and last traded at $12.58. Approximately 53,091 shares were traded during trading, a decline of 4% from the average daily volume of 55,311 shares. The stock had previously closed at $12.52.
BlackRock Income Trust Stock Up 0.5 %
The firm has a 50 day simple moving average of $12.28 and a two-hundred day simple moving average of $13.25.
BlackRock Income Trust Increases Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be issued a dividend of $0.0882 per share. The ex-dividend date is Monday, November 14th. This is a boost from BlackRock Income Trust’s previous monthly dividend of $0.03. This represents a $1.06 annualized dividend and a yield of 8.41%.
Institutional Investors Weigh In On BlackRock Income Trust
BlackRock Income Trust Company Profile
BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.
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