BlackRock Multi-Sector Income Trust (NYSE:BIT) Declares $0.12 Monthly Dividend

BlackRock Multi-Sector Income Trust (NYSE:BIT) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.1237 per share by the investment management company on Friday, February 28th. This represents a $1.48 annualized dividend and a yield of 10.07%. The ex-dividend date is Friday, February 14th.

BlackRock Multi-Sector Income Trust Trading Up 0.1 %

BIT stock opened at $14.75 on Wednesday. BlackRock Multi-Sector Income Trust has a 12-month low of $14.22 and a 12-month high of $15.98. The business’s 50-day moving average is $14.63 and its 200 day moving average is $14.78.

BlackRock Multi-Sector Income Trust Company Profile

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.