BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Plans Monthly Dividend of $0.26

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be paid a dividend of 0.2644 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 21.0%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of ECAT opened at $15.09 on Friday. The business has a 50-day moving average of $15.43 and a 200-day moving average of $15.07. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.36 and a 1 year high of $16.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the 2nd quarter valued at $291,000. RFG Advisory LLC grew its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 10.8% in the second quarter. RFG Advisory LLC now owns 117,195 shares of the company’s stock valued at $1,842,000 after acquiring an additional 11,390 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 3.9% during the 2nd quarter. Baird Financial Group Inc. now owns 82,536 shares of the company’s stock worth $1,297,000 after purchasing an additional 3,096 shares during the period. XP Advisory US Inc. purchased a new position in BlackRock ESG Capital Allocation Term Trust in the second quarter valued at about $31,000. Finally, Mason & Associates Inc increased its position in BlackRock ESG Capital Allocation Term Trust by 7.6% in the second quarter. Mason & Associates Inc now owns 357,593 shares of the company’s stock worth $5,621,000 after buying an additional 25,389 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.