BlackRock Credit Allocation Income Trust (BTZ) to Distribute Monthly Dividend of $0.08 on November 30th

BlackRock Credit Allocation Income Trust (NYSE:BTZ) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.0839 per share by the investment management company on Monday, November 30th. This represents a $1.01 annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Friday, November 13th.

BlackRock Credit Allocation Income Trust Stock Performance

Shares of BlackRock Credit Allocation Income Trust stock opened at $9.50 on Wednesday. The company’s 50 day moving average price is $9.55 and its two-hundred day moving average price is $10.08. BlackRock Credit Allocation Income Trust has a fifty-two week low of $9.25 and a fifty-two week high of $11.12.

About BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust (NYSE: BTZ) is a publicly traded closed-end management investment company. The trust seeks to provide current income and, secondarily, total return through a professionally managed portfolio of credit-related fixed-income investments. Its portfolio may include corporate bonds, bank loans, mortgage- and asset-backed securities, government and agency securities, preferred securities, and other debt instruments. The trust can invest across a range of credit qualities and maturities, including securities issued by companies and entities in the United States and other countries.