BlackRock Credit Allocation Income Trust (BTZ) To Go Ex-Dividend on June 15th

BlackRock Credit Allocation Income Trust (NYSE:BTZ) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be given a dividend of 0.0839 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Credit Allocation Income Trust Stock Down 0.0%

Shares of BlackRock Credit Allocation Income Trust stock traded down $0.01 on Friday, reaching $10.14. 290,322 shares of the company traded hands, compared to its average volume of 311,115. BlackRock Credit Allocation Income Trust has a 52 week low of $9.70 and a 52 week high of $11.18. The company has a 50 day moving average of $10.22 and a 200 day moving average of $10.47.

BlackRock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation Income Trust (NYSE: BTZ) is a closed-end management investment company sponsored by BlackRock Fund Advisors. The trust seeks to provide investors with a high level of current income, as well as the potential for capital appreciation, through an actively managed portfolio of credit and income-producing securities. BTZ primarily focuses on instruments that offer attractive yields while aiming to preserve capital over the long term.

The portfolio is diversified across a broad spectrum of credit sectors, including investment-grade corporate debt, high-yield bonds, leveraged bank loans, residential and commercial mortgage-backed securities, and asset-backed securities.