BlackRock Multi-Sector Income Trust (NYSE:BIT) to Issue Dividend of $0.12

BlackRock Multi-Sector Income Trust (NYSE:BIT) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.1237 per share by the investment management company on Friday, January 31st. The ex-dividend date is Wednesday, January 15th.

BlackRock Multi-Sector Income Trust Price Performance

Shares of BIT traded up $0.05 during trading hours on Friday, hitting $14.62. The company had a trading volume of 106,483 shares, compared to its average volume of 114,542. The firm has a fifty day moving average price of $14.65 and a 200-day moving average price of $14.76. BlackRock Multi-Sector Income Trust has a 52-week low of $14.22 and a 52-week high of $15.98.

BlackRock Multi-Sector Income Trust Company Profile

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.