BlackRock ESG Capital Allocation Term Trust (ECAT) To Go Ex-Dividend on August 14th

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.2688 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 20.4%. The ex-dividend date is Friday, August 14th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT stock opened at $15.85 on Wednesday. The business has a fifty day simple moving average of $15.47 and a 200-day simple moving average of $15.07. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $13.36 and a 52 week high of $17.14.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in ECAT. PNC Financial Services Group Inc. acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at about $49,000. Geneos Wealth Management Inc. raised its holdings in BlackRock ESG Capital Allocation Term Trust by 630.3% in the second quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after buying an additional 2,723 shares during the period. Tucker Asset Management LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust during the fourth quarter valued at approximately $53,000. Triumph Capital Management acquired a new position in BlackRock ESG Capital Allocation Term Trust during the third quarter valued at approximately $62,000. Finally, Global Retirement Partners LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the fourth quarter worth approximately $65,000.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.