BlackRock Multi-Sector Income Trust (BIT) to Issue Monthly Dividend of $0.12 on January 31st

Posted by Caroline Horne on Jan 13th, 2025

BlackRock Multi-Sector Income Trust (NYSE:BIT – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, January 31st. This represents a $1.48 annualized dividend and a dividend yield of 10.11%. The ex-dividend date is Wednesday, January 15th.

BlackRock Multi-Sector Income Trust Price Performance

NYSE BIT opened at $14.68 on Monday. The business’s 50-day moving average price is $14.64 and its 200 day moving average price is $14.76. BlackRock Multi-Sector Income Trust has a 52-week low of $14.22 and a 52-week high of $15.98.

About BlackRock Multi-Sector Income Trust

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BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.