BlackRock Credit Allocation Income Trust (BTZ) to Issue Dividend of $0.08 on January 31st

BlackRock Credit Allocation Income Trust (NYSE:BTZ) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0839 per share by the investment management company on Friday, January 31st. The ex-dividend date is Wednesday, January 15th. This is a boost from BlackRock Credit Allocation Income Trust’s previous dividend of $0.07.

BlackRock Credit Allocation Income Trust Stock Performance

BTZ stock opened at $10.58 on Friday. The company’s fifty day simple moving average is $10.78 and its 200 day simple moving average is $10.87. BlackRock Credit Allocation Income Trust has a 12-month low of $9.92 and a 12-month high of $11.30.

BlackRock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.