BlackRock ESG Capital Allocation Term Trust (ECAT) To Go Ex-Dividend on June 15th

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.2733 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 21.1%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock ESG Capital Allocation Term Trust Price Performance

Shares of NYSE:ECAT traded up $0.32 during midday trading on Friday, reaching $15.51. 661,703 shares of the company were exchanged, compared to its average volume of 541,029. The business’s fifty day moving average is $15.02 and its two-hundred day moving average is $15.15. BlackRock ESG Capital Allocation Term Trust has a one year low of $13.36 and a one year high of $17.14.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.