BlackRock Multi-Sector Income Trust (NYSE:BIT) Declares $0.12 Dividend

BlackRock Multi-Sector Income Trust (NYSE:BIT) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1237 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Multi-Sector Income Trust Stock Up 0.3 %

NYSE:BIT traded up $0.05 during mid-day trading on Friday, reaching $14.62. 106,483 shares of the company’s stock traded hands, compared to its average volume of 114,542. The company has a 50 day moving average price of $14.65 and a 200-day moving average price of $14.76. BlackRock Multi-Sector Income Trust has a 12-month low of $14.22 and a 12-month high of $15.98.

About BlackRock Multi-Sector Income Trust

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.