BlackRock ESG Capital Allocation Term Trust (ECAT) to Issue Monthly Dividend of $0.28 on March 31st

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.277 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 22.7%. The ex-dividend date is Friday, March 13th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of NYSE ECAT traded up $0.02 during mid-day trading on Wednesday, reaching $14.65. The company had a trading volume of 199,228 shares, compared to its average volume of 543,302. The company has a 50-day moving average price of $15.37 and a two-hundred day moving average price of $15.89. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $13.35 and a 1-year high of $17.14.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.