BlackRock Limited Duration Income Trust (NYSE:BLW) Plans $0.11 Monthly Dividend

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, April 30th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.31%. The ex-dividend date is Tuesday, April 15th.

BlackRock Limited Duration Income Trust has increased its dividend by an average of 3.4% annually over the last three years.

BlackRock Limited Duration Income Trust Stock Down 5.4 %

NYSE BLW opened at $13.18 on Friday. BlackRock Limited Duration Income Trust has a twelve month low of $13.10 and a twelve month high of $14.63. The business has a 50-day moving average price of $14.16 and a 200-day moving average price of $14.24.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.