BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.1203 per share by the investment management company on Thursday, October 31st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.05%. The ex-dividend date is Tuesday, October 15th.
BlackRock Floating Rate Income Trust has raised its dividend payment by an average of 22.5% per year over the last three years.
BlackRock Floating Rate Income Trust Stock Performance
BGT opened at $13.06 on Monday. The company has a fifty day simple moving average of $12.82 and a 200 day simple moving average of $12.95. BlackRock Floating Rate Income Trust has a 12 month low of $11.23 and a 12 month high of $13.97.
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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