BlackRock Floating Rate Income Trust Plans Monthly Dividend of $0.12 (NYSE:BGT)

BlackRock Floating Rate Income Trust (NYSE:BGT) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.1203 per share by the investment management company on Friday, February 28th. This represents a $1.44 annualized dividend and a yield of 11.31%. The ex-dividend date is Friday, February 14th.

BlackRock Floating Rate Income Trust has raised its dividend payment by an average of 29.4% per year over the last three years.

BlackRock Floating Rate Income Trust Stock Up 0.2 %

Shares of NYSE BGT opened at $12.76 on Wednesday. BlackRock Floating Rate Income Trust has a 12-month low of $12.05 and a 12-month high of $13.97. The stock’s fifty day simple moving average is $12.85 and its two-hundred day simple moving average is $12.89.

BlackRock Floating Rate Income Trust Company Profile

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.