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

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.1132 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Limited Duration Income Trust Stock Performance

Shares of NYSE:BLW opened at $12.66 on Wednesday. The business has a fifty day moving average of $12.86 and a two-hundred day moving average of $13.46. BlackRock Limited Duration Income Trust has a 52-week low of $12.06 and a 52-week high of $14.30.

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.