BlackRock Multi-Sector Income Trust (BIT) to Issue Monthly Dividend of $0.12 on March 31st

BlackRock Multi-Sector Income Trust (NYSE:BIT) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.1237 per share by the investment management company on Monday, March 31st. This represents a $1.48 annualized dividend and a dividend yield of 10.15%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Multi-Sector Income Trust Trading Up 0.0 %

NYSE BIT traded up $0.00 on Wednesday, reaching $14.62. The company had a trading volume of 13,820 shares, compared to its average volume of 137,558. BlackRock Multi-Sector Income Trust has a 52 week low of $14.22 and a 52 week high of $15.98. The stock’s 50 day moving average is $14.69 and its 200-day moving average is $14.77.

BlackRock Multi-Sector Income Trust Company Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.