Blackrock Multi-Sector Income Trust (NYSE:BIT) announced a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Investors of record on Thursday, December 13th will be given a dividend of 0.1167 per share by the investment management company on Wednesday, December 19th. This represents a $1.40 annualized dividend and a dividend yield of 8.63%. The ex-dividend date is Wednesday, December 12th.

Blackrock Multi-Sector Income Trust has decreased its dividend by an average of 5.9% annually over the last three years.

NYSE BIT opened at $16.23 on Friday. Blackrock Multi-Sector Income Trust has a 1 year low of $15.97 and a 1 year high of $18.37.

COPYRIGHT VIOLATION WARNING: This report was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2018/12/07/blackrock-multi-sector-income-trust-announces-monthly-dividend-of-0-12-bit.html.

About Blackrock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.

Further Reading: Earnings Per Share

Dividend History for Blackrock Multi-Sector Income Trust (NYSE:BIT)

Receive News & Ratings for Blackrock Multi-Sector Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Multi-Sector Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.