BlackRock Income Trust Inc. (BKT) To Go Ex-Dividend on December 28th
BlackRock Income Trust Inc. (NYSE:BKT) announced a monthly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.0265 per share on Tuesday, January 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date of this dividend is Thursday, December 28th.
BlackRock Income Trust has decreased its dividend by an average of 11.1% per year over the last three years.
Shares of BlackRock Income Trust (NYSE BKT) remained flat at $$6.11 during trading on Friday. The company’s stock had a trading volume of 97,810 shares, compared to its average volume of 145,293. BlackRock Income Trust has a 52-week low of $6.06 and a 52-week high of $6.40.
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BlackRock Income Trust, Inc (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. The Trust seeks to achieve its investment objective by investing at least 75% of its managed assets in bonds that are investment grade quality at the time of investment.
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