BlackRock Limited Duration Income Trust (NYSE:BLW) Plans Dividend Increase – $0.11 Per Share

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1132 per share by the investment management company on Friday, February 28th. This represents a $1.36 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date is Friday, February 14th. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend payment by an average of 4.2% per year over the last three years.

BlackRock Limited Duration Income Trust Stock Down 0.2 %

NYSE BLW opened at $14.31 on Wednesday. BlackRock Limited Duration Income Trust has a one year low of $13.24 and a one year high of $14.63. The company has a 50-day simple moving average of $14.24 and a 200-day simple moving average of $14.29.

BlackRock Limited Duration Income Trust Company Profile

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.