BlackRock Capital Allocation Term Trust (BCAT) to Issue Monthly Dividend of $0.26 on November 28th

BlackRock Capital Allocation Term Trust (NYSE:BCATGet Free Report) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.2649 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 21.6%. The ex-dividend date is Friday, November 14th.

BlackRock Capital Allocation Term Trust Trading Up 0.5%

NYSE BCAT opened at $14.69 on Wednesday. The business’s fifty day simple moving average is $14.77 and its 200-day simple moving average is $14.87. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $16.54.

Hedge Funds Weigh In On BlackRock Capital Allocation Term Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc raised its holdings in BlackRock Capital Allocation Term Trust by 83.3% in the second quarter. AdvisorNet Financial Inc now owns 1,947 shares of the company’s stock valued at $29,000 after acquiring an additional 885 shares in the last quarter. Keener Financial Planning LLC acquired a new stake in shares of BlackRock Capital Allocation Term Trust in the 3rd quarter valued at $29,000. Geneos Wealth Management Inc. grew its stake in shares of BlackRock Capital Allocation Term Trust by 341.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,045 shares of the company’s stock worth $31,000 after purchasing an additional 1,582 shares in the last quarter. Red Tortoise LLC purchased a new position in BlackRock Capital Allocation Term Trust in the second quarter valued at $33,000. Finally, McIlrath & Eck LLC raised its stake in BlackRock Capital Allocation Term Trust by 971.1% in the third quarter. McIlrath & Eck LLC now owns 2,999 shares of the company’s stock valued at $44,000 after buying an additional 2,719 shares in the last quarter. Hedge funds and other institutional investors own 36.12% of the company’s stock.

About BlackRock Capital Allocation Term Trust

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Dividend History for BlackRock Capital Allocation Term Trust (NYSE:BCAT)

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