BlackRock Capital Allocation Term Trust (NYSE:BCAT) Declares Monthly Dividend of $0.29

BlackRock Capital Allocation Term Trust (NYSE:BCAT) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.2885 per share on Friday, November 29th. This represents a $3.46 dividend on an annualized basis and a dividend yield of 21.24%. The ex-dividend date is Friday, November 15th. This is a positive change from BlackRock Capital Allocation Term Trust’s previous monthly dividend of $0.10.

BlackRock Capital Allocation Term Trust Trading Up 0.1 %

Shares of NYSE BCAT traded up $0.01 during trading on Wednesday, reaching $16.30. The stock had a trading volume of 379,263 shares, compared to its average volume of 354,388. BlackRock Capital Allocation Term Trust has a fifty-two week low of $14.53 and a fifty-two week high of $17.18. The business’s 50-day moving average price is $16.30 and its 200-day moving average price is $16.30.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 8,800 shares of the business’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $16.44, for a total transaction of $144,672.00. Following the completion of the transaction, the insider now directly owns 16,159,657 shares of the company’s stock, valued at $265,664,761.08. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 723,927 shares of company stock valued at $11,925,047.

About BlackRock Capital Allocation Term Trust

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