BlackRock Core Bond Trust (NYSE:BHK) to Issue $0.07 Monthly Dividend

BlackRock Core Bond Trust (NYSE:BHK) announced a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.0746 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Core Bond Trust Trading Down 0.2%

Shares of BHK stock opened at $9.56 on Friday. BlackRock Core Bond Trust has a 12 month low of $9.39 and a 12 month high of $11.00. The business’s 50 day moving average is $9.67 and its two-hundred day moving average is $9.70.

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.