BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be given a dividend of 0.1237 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date is Friday, December 11th.
BlackRock Multi-Sector Income Trust Price Performance
Shares of BlackRock Multi-Sector Income Trust stock opened at $11.72 on Friday. The business has a 50-day simple moving average of $12.16 and a 200-day simple moving average of $12.46. BlackRock Multi-Sector Income Trust has a one year low of $11.71 and a one year high of $13.93.
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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