BlackRock Income Trust, Inc. (NYSE:BKT) to Issue Monthly Dividend of $0.09

BlackRock Income Trust, Inc. (NYSE:BKT) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0882 per share on Wednesday, July 31st. This represents a $1.06 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date is Monday, July 15th.

BlackRock Income Trust Stock Performance

Shares of NYSE BKT traded down $0.03 during mid-day trading on Tuesday, reaching $11.75. 57,766 shares of the company’s stock were exchanged, compared to its average volume of 63,371. The company’s 50-day moving average is $11.62 and its 200-day moving average is $11.83. BlackRock Income Trust has a 52-week low of $10.55 and a 52-week high of $12.64.

BlackRock Income Trust Company Profile

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.