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

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.1132 per share by the investment management company on Wednesday, April 30th. This represents a $1.36 annualized dividend and a dividend yield of 9.78%. The ex-dividend date is Tuesday, April 15th.

BlackRock Limited Duration Income Trust has raised its dividend by an average of 3.4% annually over the last three years.

BlackRock Limited Duration Income Trust Stock Down 1.0 %

BlackRock Limited Duration Income Trust stock traded down $0.15 during trading hours on Thursday, reaching $13.89. 93,399 shares of the company were exchanged, compared to its average volume of 115,369. The stock has a 50-day moving average of $14.19 and a 200 day moving average of $14.25. BlackRock Limited Duration Income Trust has a 12 month low of $13.24 and a 12 month 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.