Positive Media Coverage Somewhat Unlikely to Affect Blackrock Multi-Sector Income Trust (BIT) Share Price
Press coverage about Blackrock Multi-Sector Income Trust (NYSE:BIT) has been trending positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blackrock Multi-Sector Income Trust earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 45.1437540017897 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Blackrock Multi-Sector Income Trust (NYSE:BIT) opened at $18.27 on Friday. Blackrock Multi-Sector Income Trust has a 12-month low of $16.70 and a 12-month high of $18.77.
The business also recently disclosed a special dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Friday, December 29th will be given a $0.131 dividend. The ex-dividend date is Thursday, December 28th. This represents a yield of 7.73%.
BlackRock Multi-Sector Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.
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