BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Plans $0.27 Monthly Dividend

BlackRock ESG Capital Allocation Term Trust (NYSE:ECATGet Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.2688 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 20.3%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.1%

Shares of NYSE ECAT opened at $15.86 on Monday. BlackRock ESG Capital Allocation Term Trust has a 12-month low of $13.36 and a 12-month high of $17.14. The stock has a fifty day moving average price of $15.44 and a 200 day moving average price of $15.11.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

A number of large investors have recently modified their holdings of ECAT. Ameriprise Financial Inc. raised its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 72.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 452,028 shares of the company’s stock valued at $7,260,000 after buying an additional 190,270 shares during the period. Royal Bank of Canada boosted its holdings in BlackRock ESG Capital Allocation Term Trust by 14.4% in the 4th quarter. Royal Bank of Canada now owns 1,213,175 shares of the company’s stock worth $18,659,000 after acquiring an additional 152,844 shares during the period. Alpine Global Management LLC acquired a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter valued at approximately $2,460,000. Bank of America Corp DE grew its position in BlackRock ESG Capital Allocation Term Trust by 23.7% in the second quarter. Bank of America Corp DE now owns 739,424 shares of the company’s stock valued at $11,875,000 after acquiring an additional 141,566 shares in the last quarter. Finally, Evolve Private Wealth LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $1,589,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

(Get Free Report)

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.

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

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