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

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be given a dividend of 0.1132 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Limited Duration Income Trust Stock Up 0.1%

Shares of BLW stock opened at $13.81 on Friday. The company has a 50-day moving average of $13.79 and a two-hundred day moving average of $13.97. BlackRock Limited Duration Income Trust has a 1-year low of $12.48 and a 1-year high of $14.47.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.