BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be given a dividend of 0.1237 per share by the investment management company on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date is Friday, December 11th.
BlackRock Multi-Sector Income Trust Trading Down 0.8%
BIT opened at $11.79 on Friday. The company’s 50-day moving average price is $12.18 and its 200 day moving average price is $12.46. BlackRock Multi-Sector Income Trust has a fifty-two week low of $11.77 and a fifty-two week high of $13.97.
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.
The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.
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