BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid 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 Trading Down 0.4%
Shares of BIT stock opened at $11.72 on Friday. BlackRock Multi-Sector Income Trust has a 52 week low of $11.71 and a 52 week high of $13.93. The company’s fifty day simple moving average is $12.16 and its two-hundred day simple moving average is $12.46.
BlackRock Multi-Sector Income Trust Company Profile
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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