BlackRock Income Trust, Inc. to Issue Monthly Dividend of $0.09 (NYSE:BKT)

BlackRock Income Trust, Inc. (NYSE:BKTGet Free Report) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0882 per share on Friday, May 31st. This represents a $1.06 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date is Tuesday, May 14th.

BlackRock Income Trust has decreased its dividend by an average of 5.1% per year over the last three years.

BlackRock Income Trust Stock Up 1.0 %

Shares of BKT traded up $0.11 during mid-day trading on Friday, hitting $11.47. 50,720 shares of the company’s stock were exchanged, compared to its average volume of 63,221. BlackRock Income Trust has a fifty-two week low of $10.55 and a fifty-two week high of $12.74. The stock’s 50-day moving average is $11.67 and its 200-day moving average is $11.71.

About BlackRock Income Trust

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BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.

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Dividend History for BlackRock Income Trust (NYSE:BKT)

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