BlackRock ESG Capital Allocation Term Trust (ECAT) To Go Ex-Dividend on September 15th

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.2688 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 21.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock ESG Capital Allocation Term Trust Stock Down 1.8%

NYSE:ECAT opened at $14.77 on Friday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.36 and a 1 year high of $16.84. The stock’s 50 day simple moving average is $15.41 and its two-hundred day simple moving average is $15.07.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

A number of hedge funds have recently bought and sold shares of the business. Truist Financial Corp increased its stake in BlackRock ESG Capital Allocation Term Trust by 4.9% in the fourth quarter. Truist Financial Corp now owns 35,829 shares of the company’s stock worth $551,000 after purchasing an additional 1,660 shares during the period. XP Advisory US Inc. purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the second quarter valued at $31,000. Janney Montgomery Scott LLC grew its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 8.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,750 shares of the company’s stock worth $427,000 after purchasing an additional 2,227 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 2.5% in the third quarter. Raymond James Financial Inc. now owns 104,327 shares of the company’s stock worth $1,711,000 after purchasing an additional 2,495 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in 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 worth $51,000 after buying an additional 2,723 shares during the period.

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.