BlackRock Credit Allocation Income Trust (NYSE:BTZ – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.30 and traded as low as $10.06. BlackRock Credit Allocation Income Trust shares last traded at $10.09, with a volume of 417,431 shares.
BlackRock Credit Allocation Income Trust Stock Down 0.1 %
The firm has a 50 day moving average of $10.56 and a 200-day moving average of $10.31.
BlackRock Credit Allocation Income Trust Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be paid a $0.084 dividend. The ex-dividend date is Friday, April 12th. This represents a $1.01 annualized dividend and a yield of 9.99%.
Institutional Inflows and Outflows
About BlackRock Credit Allocation Income Trust
BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.
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