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

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Limited Duration Income Trust Stock Performance

NYSE BLW opened at $13.81 on Friday. The firm’s fifty day moving average is $13.83 and its two-hundred day moving average is $14.01. BlackRock Limited Duration Income Trust has a one year low of $12.48 and a one year high of $14.47.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.