BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.2542 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 18.9%. The ex-dividend date of this dividend is Wednesday, July 15th.
BlackRock Capital Allocation Term Trust Trading Up 0.1%
Shares of BCAT opened at $16.14 on Monday. BlackRock Capital Allocation Term Trust has a 12 month low of $13.73 and a 12 month high of $16.18. The stock has a fifty day moving average price of $15.70 and a 200-day moving average price of $15.04.
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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