BlackRock Limited Duration Income Trust (NYSE:BLW) Declares Monthly Dividend of $0.11

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1132 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Monday, June 15th.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE BLW traded up $0.01 during midday trading on Friday, hitting $12.33. 92,103 shares of the stock traded hands, compared to its average volume of 127,625. The firm has a 50-day moving average of $12.59 and a two-hundred day moving average of $13.23. BlackRock Limited Duration Income Trust has a one year low of $12.06 and a one year high of $14.30.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.