BlackRock Income Trust, Inc. Announces Monthly Dividend of $0.09 (NYSE:BKT)

BlackRock Income Trust, Inc. (NYSE:BKTGet Free Report) announced a monthly dividend on Thursday, February 1st, NASDAQ reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0882 per share on Thursday, February 29th. This represents a $1.06 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend is Wednesday, February 14th.

BlackRock Income Trust has decreased its dividend by an average of 5.1% annually over the last three years.

BlackRock Income Trust Stock Performance

NYSE BKT opened at $11.93 on Monday. BlackRock Income Trust has a 52 week low of $10.55 and a 52 week high of $13.10. The stock’s 50 day moving average price is $12.13 and its two-hundred day moving average price is $11.68.

Institutional Investors Weigh In On BlackRock Income Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new stake in BlackRock Income Trust in the 1st quarter valued at $37,000. Comerica Bank acquired a new position in BlackRock Income Trust in the 3rd quarter valued at $66,000. Centaurus Financial Inc. acquired a new stake in shares of BlackRock Income Trust during the 1st quarter worth $68,000. Nomura Holdings Inc. acquired a new stake in shares of BlackRock Income Trust during the 2nd quarter worth $84,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of BlackRock Income Trust during the 1st quarter worth $94,000. Institutional investors own 40.48% of the company’s stock.

About BlackRock Income Trust

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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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Dividend History for BlackRock Income Trust (NYSE:BKT)

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