BlackRock Limited Duration Income Trust (NYSE:BLW) Raises Dividend to $0.11 Per Share

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.1132 per share by the investment management company on Thursday, October 31st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date is Tuesday, October 15th. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend by an average of 0.8% per year over the last three years.

BlackRock Limited Duration Income Trust Price Performance

BlackRock Limited Duration Income Trust stock opened at $14.44 on Friday. The stock has a fifty day moving average of $14.36 and a 200-day moving average of $14.01. BlackRock Limited Duration Income Trust has a 52 week low of $12.35 and a 52 week high of $14.63.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.