BlackRock Credit Allocation Income Trust (BTZ) to Issue Monthly Dividend of $0.08 on November 29th

BlackRock Credit Allocation Income Trust (NYSE:BTZGet Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0839 per share by the investment management company on Friday, November 29th. This represents a $1.01 annualized dividend and a yield of 9.23%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from BlackRock Credit Allocation Income Trust’s previous monthly dividend of $0.07.

BlackRock Credit Allocation Income Trust Stock Down 0.1 %

BlackRock Credit Allocation Income Trust stock traded down $0.01 during midday trading on Wednesday, hitting $10.91. 133,268 shares of the company’s stock were exchanged, compared to its average volume of 255,447. BlackRock Credit Allocation Income Trust has a 12 month low of $9.58 and a 12 month high of $11.30. The firm has a 50-day moving average of $11.04 and a two-hundred day moving average of $10.81.

About BlackRock Credit Allocation Income Trust

(Get Free Report)

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.

Further Reading

Dividend History for BlackRock Credit Allocation Income Trust (NYSE:BTZ)

Receive News & Ratings for BlackRock Credit Allocation Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Credit Allocation Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.