BlackRock Core Bond Trust (NYSE:BHK) to Issue $0.07 Monthly Dividend

BlackRock Core Bond Trust (NYSE:BHK) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.0746 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Monday, June 15th.

BlackRock Core Bond Trust Trading Up 0.3%

NYSE:BHK traded up $0.03 on Friday, hitting $9.02. The stock had a trading volume of 215,612 shares, compared to its average volume of 287,049. BlackRock Core Bond Trust has a 1 year low of $8.69 and a 1 year high of $10.12. The firm’s fifty day simple moving average is $9.08 and its two-hundred day simple moving average is $9.35.

About BlackRock Core Bond Trust

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.