BlackRock Core Bond Trust (NYSE:BHK) to Issue Monthly Dividend of $0.08

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.075 per share by the investment management company on Friday, August 30th. This represents a $0.90 annualized dividend and a dividend yield of 7.95%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from BlackRock Core Bond Trust’s previous monthly dividend of $0.07.

BlackRock Core Bond Trust Stock Performance

Shares of BHK stock traded up $0.07 during midday trading on Friday, hitting $11.33. 210,513 shares of the company were exchanged, compared to its average volume of 161,528. The firm’s 50 day moving average price is $10.77 and its two-hundred day moving average price is $10.65. BlackRock Core Bond Trust has a 52 week low of $9.02 and a 52 week high of $11.40.

BlackRock Core Bond Trust Company Profile

BlackRock Core Bond Trust 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 primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.