BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $13.64 and last traded at $13.6450, with a volume of 603057 shares traded. The stock had previously closed at $13.95.
BlackRock Capital Allocation Term Trust Stock Down 1.7%
The company’s 50 day simple moving average is $15.54 and its two-hundred day simple moving average is $15.36.
BlackRock Capital Allocation Term Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be issued a dividend of $0.2501 per share. The ex-dividend date is Friday, December 11th. This represents a c) annualized dividend and a dividend yield of 21.9%.
Institutional Trading of BlackRock Capital Allocation Term Trust
About BlackRock Capital Allocation Term Trust
BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a diversified, closed-end management investment company advised by BlackRock Advisors, LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.
BCAT invests across both equity and debt markets. Its portfolio may include common stocks, preferred securities, convertible securities, investment-grade and below-investment-grade corporate bonds, loans, and other fixed-income instruments.
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