BlackRock ESG Capital Allocation Term Trust (ECAT) to Issue Monthly Dividend of $0.27 on July 31st

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.2688 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 20.3%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT opened at $15.86 on Monday. The stock’s 50 day simple moving average is $15.44 and its 200-day simple moving average is $15.11. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.36 and a 1 year high of $17.14.

Hedge Funds Weigh In On BlackRock ESG Capital Allocation Term Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. acquired a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $49,000. Geneos Wealth Management Inc. grew its stake in shares of BlackRock ESG Capital Allocation Term Trust by 630.3% in 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 period. Tucker Asset Management LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 4th quarter worth approximately $53,000. Triumph Capital Management bought a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth approximately $62,000. Finally, Global Retirement Partners LLC bought a new stake in BlackRock ESG Capital Allocation Term Trust in the fourth quarter valued at $65,000.

About BlackRock ESG Capital Allocation Term Trust

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.