BlackRock Limited Duration Income Trust (NYSE:BLW) Declares Monthly Dividend of $0.11

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.108 per share by the investment management company on Friday, May 31st. This represents a $1.30 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date is Tuesday, May 14th.

BlackRock Limited Duration Income Trust has raised its dividend payment by an average of 0.8% annually over the last three years and has increased its dividend every year for the last 1 years.

BlackRock Limited Duration Income Trust Stock Up 1.2 %

Shares of NYSE:BLW traded up $0.16 during trading on Friday, reaching $13.67. 106,851 shares of the stock were exchanged, compared to its average volume of 90,729. The firm’s 50-day moving average price is $13.83 and its 200 day moving average price is $13.56. BlackRock Limited Duration Income Trust has a 12-month low of $12.35 and a 12-month high of $14.26.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.