BlackRock Income Trust, Inc. (NYSE:BKT) to Issue $0.09 Monthly Dividend

BlackRock Income Trust, Inc. (NYSE:BKT) declared a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.0882 per share on Monday, June 30th. This represents a $1.06 dividend on an annualized basis and a yield of 9.17%. The ex-dividend date is Friday, June 13th.

BlackRock Income Trust Price Performance

Shares of BKT stock opened at $11.54 on Thursday. The firm has a fifty day moving average price of $11.53 and a 200-day moving average price of $11.64. BlackRock Income Trust has a 1 year low of $11.25 and a 1 year high of $12.67.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.