BlackRock Floating Rate Income Trust (NYSE:BGT) Plans $0.06 Monthly Dividend

BlackRock Floating Rate Income Trust (NYSE:BGT) declared a monthly dividend on Tuesday, December 22nd, investing.com reports. Investors of record on Thursday, December 31st will be paid a dividend of 0.0647 per share by the investment management company on Monday, January 11th. This represents a $0.78 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend is Wednesday, December 30th.

NYSE:BGT opened at $11.88 on Tuesday. BlackRock Floating Rate Income Trust has a 52 week low of $7.20 and a 52 week high of $13.30. The business’s 50-day simple moving average is $11.81 and its two-hundred day simple moving average is $11.37.

About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.

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Dividend History for BlackRock Floating Rate Income Trust (NYSE:BGT)

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