BlackRock ESG Capital Allocation Term Trust (ECAT) to Issue Monthly Dividend of $0.27 on July 31st

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.2688 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 20.3%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.1%

Shares of NYSE:ECAT opened at $15.86 on Monday. The stock has a 50-day simple moving average of $15.44 and a 200-day simple moving average of $15.11. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.36 and a 1 year high of $17.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 0.8% in the 1st quarter. Royal Bank of Canada now owns 1,223,160 shares of the company’s stock worth $16,611,000 after buying an additional 9,985 shares in the last quarter. Invesco Ltd. increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 0.3% during the third quarter. Invesco Ltd. now owns 1,072,318 shares of the company’s stock worth $17,586,000 after acquiring an additional 3,204 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 0.5% in the first quarter. Bank of America Corp DE now owns 785,898 shares of the company’s stock worth $10,672,000 after acquiring an additional 3,985 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 8.5% in the fourth quarter. Advisors Asset Management Inc. now owns 580,695 shares of the company’s stock worth $8,931,000 after acquiring an additional 45,612 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 19.5% in the fourth quarter. Wells Fargo & Company MN now owns 564,585 shares of the company’s stock valued at $8,683,000 after purchasing an additional 92,094 shares during the last quarter.

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.