BlackRock Capital Allocation Term Trust (BCAT) to Issue Dividend of $0.29 on January 31st

BlackRock Capital Allocation Term Trust (NYSE:BCAT) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.2891 per share on Friday, January 31st. The ex-dividend date is Wednesday, January 15th. This is a boost from BlackRock Capital Allocation Term Trust’s previous dividend of $0.10.

BlackRock Capital Allocation Term Trust Stock Performance

NYSE BCAT opened at $15.45 on Friday. BlackRock Capital Allocation Term Trust has a one year low of $14.76 and a one year high of $17.18. The stock’s 50 day simple moving average is $15.93 and its 200 day simple moving average is $16.21.

Insider Buying and Selling at BlackRock Capital Allocation Term Trust

In other BlackRock Capital Allocation Term Trust news, major shareholder Saba Capital Management, L.P. sold 166,128 shares of BlackRock Capital Allocation Term Trust stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $16.60, for a total transaction of $2,757,724.80. Following the transaction, the insider now directly owns 15,096,159 shares in the company, valued at approximately $250,596,239.40. The trade was a 1.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last three months, insiders have sold 478,269 shares of company stock worth $7,880,965.

BlackRock Capital Allocation Term Trust Company Profile

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