Blackrock Credit Allocation Income Trust (NYSE:BTZ) Announces $0.07 Monthly Dividend

Blackrock Credit Allocation Income Trust (NYSE:BTZ) declared a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be given a dividend of 0.067 per share by the investment management company on Tuesday, April 30th. This represents a $0.80 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date of this dividend is Friday, April 12th.

Blackrock Credit Allocation Income Trust has decreased its dividend by an average of 3.2% per year over the last three years.

NYSE BTZ traded up $0.04 during trading hours on Wednesday, reaching $12.57. 36,402 shares of the company traded hands, compared to its average volume of 293,470. Blackrock Credit Allocation Income Trust has a 12 month low of $11.06 and a 12 month high of $12.65.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.baseballdailydigest.com/news/2019/04/17/blackrock-credit-allocation-income-trust-declares-monthly-dividend-of-0-07-btz.html.

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.

Further Reading: Put Option

Dividend History for Blackrock Credit Allocation Income Trust (NYSE:BTZ)

Receive News & Ratings for Blackrock Credit Allocation Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Credit Allocation Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.