BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.1203 per share by the investment management company on Monday, September 30th. This represents a $1.44 annualized dividend and a dividend yield of 11.22%. The ex-dividend date is Monday, September 16th.
BlackRock Floating Rate Income Trust has raised its dividend by an average of 22.5% per year over the last three years.
BlackRock Floating Rate Income Trust Stock Performance
Shares of NYSE BGT opened at $12.86 on Friday. BlackRock Floating Rate Income Trust has a 1 year low of $11.23 and a 1 year high of $13.97. The company has a 50 day simple moving average of $12.88 and a 200-day simple moving average of $12.97.
About BlackRock Floating Rate Income Trust
BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.
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