BlackRock Multi-Sector Income Trust (NYSE:BIT) to Issue $0.12 Monthly Dividend

BlackRock Multi-Sector Income Trust (NYSE:BITGet Free Report) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be given a dividend of 0.1237 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Multi-Sector Income Trust Stock Performance

BIT opened at $13.40 on Wednesday. BlackRock Multi-Sector Income Trust has a fifty-two week low of $12.50 and a fifty-two week high of $15.12. The company’s 50-day moving average is $13.21 and its 200 day moving average is $13.47.

BlackRock Multi-Sector Income Trust Company Profile

(Get Free Report)

BlackRock Multi-Sector Income Trust (NYSE:BIT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide high current income and total return by investing across a broad range of income-producing sectors. It trades on the New York Stock Exchange under the ticker symbol BIT and is managed by BlackRock Advisors, LLC.

The trust’s portfolio is diversified across multiple sectors of the fixed-income market, including investment-grade corporate bonds, high-yield corporate debt, U.S.

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Dividend History for BlackRock Multi-Sector Income Trust (NYSE:BIT)

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