BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $16.05 and last traded at $16.0650, with a volume of 651691 shares trading hands. The stock had previously closed at $15.82.
BlackRock Capital Allocation Term Trust Trading Down 0.4%
The firm has a 50-day simple moving average of $15.54 and a 200 day simple moving average of $14.96.
BlackRock Capital Allocation Term Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.2542 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 19.2%.
Institutional Trading of BlackRock Capital Allocation Term Trust
BlackRock Capital Allocation Term Trust Company Profile
BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.
BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.
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