BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on March 31st

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.1132 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Limited Duration Income Trust Stock Performance

BLW traded down $0.02 during midday trading on Wednesday, reaching $13.33. 35,555 shares of the company’s stock were exchanged, compared to its average volume of 93,260. The business’s 50-day moving average price is $13.71 and its 200 day moving average price is $13.85. BlackRock Limited Duration Income Trust has a 1-year low of $12.48 and a 1-year high of $14.30.

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.