BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.1237 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Tuesday, September 15th.
BlackRock Multi-Sector Income Trust Stock Performance
Shares of BIT opened at $11.72 on Friday. BlackRock Multi-Sector Income Trust has a twelve month low of $11.71 and a twelve month high of $13.93. The firm’s 50-day moving average is $12.16 and its two-hundred day moving average is $12.46.
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.
The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.
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