BlackRock Limited Duration Income Trust (BLW) to Distribute Monthly Dividend of $0.11 on December 22nd

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.1132 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Friday, December 11th.

BlackRock Limited Duration Income Trust Stock Down 0.2%

Shares of BlackRock Limited Duration Income Trust stock opened at $12.35 on Friday. BlackRock Limited Duration Income Trust has a 52 week low of $12.06 and a 52 week high of $14.25. The business’s fifty day simple moving average is $12.64 and its 200-day simple moving average is $12.68.

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.