BlackRock Multi-Sector Income Trust (NYSE:BIT) to Issue Monthly Dividend of $0.12

BlackRock Multi-Sector Income Trust (NYSE:BITGet Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock Multi-Sector Income Trust Price Performance

Shares of BlackRock Multi-Sector Income Trust stock opened at $12.53 on Monday. BlackRock Multi-Sector Income Trust has a 52 week low of $12.20 and a 52 week high of $15.12. The stock has a 50 day moving average price of $12.52 and a two-hundred day moving average price of $12.80.

About BlackRock Multi-Sector Income Trust

(Get Free Report)

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.

Recommended Stories

Dividend History for BlackRock Multi-Sector Income Trust (NYSE:BIT)

Receive News & Ratings for BlackRock Multi-Sector Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Multi-Sector Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.