BlackRock Limited Duration Income Trust (NYSE:BLW) Plans Monthly Dividend of $0.11

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.1132 per share by the investment management company on Monday, December 23rd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.45%. The ex-dividend date is Monday, December 16th. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend payment by an average of 0.8% annually over the last three years.

BlackRock Limited Duration Income Trust Stock Performance

BLW stock traded down $0.01 during midday trading on Friday, reaching $14.38. 74,264 shares of the company’s stock traded hands, compared to its average volume of 93,257. The firm’s fifty day moving average price is $14.31 and its 200-day moving average price is $14.20. BlackRock Limited Duration Income Trust has a 52 week low of $13.08 and a 52 week high of $14.63.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.