BlackRock ESG Capital Allocation Term Trust (ECAT) to Distribute Monthly Dividend of $0.26 on December 22nd

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.2644 per share on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 21.5%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of ECAT opened at $14.77 on Friday. The business has a 50-day simple moving average of $15.41 and a two-hundred day simple moving average of $15.07. BlackRock ESG Capital Allocation Term Trust has a 52 week low of $13.36 and a 52 week high of $16.84.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust during the 1st quarter valued at approximately $340,000. Cetera Investment Advisers purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the 2nd quarter worth $340,000. Ameriprise Financial Inc. lifted its stake in BlackRock ESG Capital Allocation Term Trust by 72.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 452,028 shares of the company’s stock worth $7,260,000 after purchasing an additional 190,270 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 23.7% during the 2nd quarter. Bank of America Corp DE now owns 739,424 shares of the company’s stock valued at $11,875,000 after purchasing an additional 141,566 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 630.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after purchasing an additional 2,723 shares during the last quarter.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.