BlackRock Multi-Sector Income Trust (NYSE:BIT) to Issue Monthly Dividend of $0.12

BlackRock Multi-Sector Income Trust (NYSE:BITGet Free Report) declared a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be paid a dividend of 0.1237 per share by the investment management company on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 11.2%. The ex-dividend date is Friday, November 14th.

BlackRock Multi-Sector Income Trust Trading Down 0.2%

Shares of BIT stock opened at $13.22 on Tuesday. BlackRock Multi-Sector Income Trust has a 1 year low of $12.50 and a 1 year high of $15.12. The stock has a fifty day moving average of $13.43 and a two-hundred day moving average of $14.05.

About BlackRock Multi-Sector Income Trust

(Get Free Report)

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

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

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