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

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.1132 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 10.8%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock Limited Duration Income Trust Trading Down 0.1%

Shares of BLW stock opened at $12.61 on Wednesday. BlackRock Limited Duration Income Trust has a fifty-two week low of $12.06 and a fifty-two week high of $14.30. The stock has a 50 day moving average price of $12.49 and a two-hundred day moving average price of $12.85.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.