BlackRock Credit Allocation Income Trust (NYSE:BTZ) Increases Dividend to $0.08 Per Share

BlackRock Credit Allocation Income Trust (NYSE:BTZ) announced a dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0839 per share by the investment management company on Friday, February 28th. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from BlackRock Credit Allocation Income Trust’s previous dividend of $0.07.

BlackRock Credit Allocation Income Trust Price Performance

BTZ opened at $10.83 on Wednesday. BlackRock Credit Allocation Income Trust has a 1-year low of $9.92 and a 1-year high of $11.30. The company has a 50-day moving average of $10.69 and a 200-day moving average of $10.86.

BlackRock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation.