Blackrock Credit Allocation Income Trust (BTZ) Getting Favorable Media Coverage, Report Shows
News coverage about Blackrock Credit Allocation Income Trust (NYSE:BTZ) has been trending positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackrock Credit Allocation Income Trust earned a daily sentiment score of 0.34 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 47.7468793391956 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Blackrock Credit Allocation Income Trust (BTZ) opened at $13.27 on Tuesday. Blackrock Credit Allocation Income Trust has a 52-week low of $12.59 and a 52-week high of $13.66.
The business also recently declared a monthly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Friday, December 29th will be given a dividend of $0.067 per share. This represents a $0.80 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend is Thursday, December 28th.
About Blackrock Credit Allocation Income Trust
BlackRock Credit Allocation Income Trust (the Trust) is a non-diversified closed-end management investment company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in industries, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.
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