BlackRock Limited Duration Income Trust (BLW) To Go Ex-Dividend on December 22nd

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.1132 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Limited Duration Income Trust Stock Up 0.4%

Shares of NYSE BLW traded up $0.05 during mid-day trading on Friday, hitting $13.81. The company’s stock had a trading volume of 132,797 shares, compared to its average volume of 97,110. BlackRock Limited Duration Income Trust has a one year low of $12.48 and a one year high of $14.47. The company’s fifty day simple moving average is $13.83 and its 200-day simple moving average is $14.01.

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.