BlackRock Core Bond Trust Plans Monthly Dividend of $0.07 (NYSE:BHK)

BlackRock Core Bond Trust (NYSE:BHK) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.0746 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Core Bond Trust Price Performance

Shares of BHK stock opened at $9.65 on Friday. BlackRock Core Bond Trust has a fifty-two week low of $9.39 and a fifty-two week high of $11.00. The stock’s 50-day simple moving average is $9.58 and its 200-day simple moving average is $9.69.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.