BlackRock Limited Duration Income Trust (BLW) To Go Ex-Dividend on June 15th

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be given a dividend of 0.1132 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Limited Duration Income Trust Price Performance

Shares of BLW stock traded up $0.01 during trading hours on Friday, reaching $12.33. The company had a trading volume of 92,103 shares, compared to its average volume of 127,625. BlackRock Limited Duration Income Trust has a twelve month low of $12.06 and a twelve month high of $14.30. The stock’s fifty day simple moving average is $12.59 and its 200 day simple moving average is $13.23.

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.