BlackRock ESG Capital Allocation Term Trust Plans Monthly Dividend of $0.28 (NYSE:ECAT)

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.277 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 21.2%. The ex-dividend date is Friday, February 13th.

BlackRock ESG Capital Allocation Term Trust Trading Up 0.6%

Shares of ECAT opened at $15.69 on Wednesday. BlackRock ESG Capital Allocation Term Trust has a fifty-two week low of $13.35 and a fifty-two week high of $17.16. The stock has a fifty day moving average of $15.63 and a two-hundred day moving average of $16.09.

Hedge Funds Weigh In On BlackRock ESG Capital Allocation Term Trust

Several large investors have recently added to or reduced their stakes in ECAT. Truist Financial Corp boosted its stake in BlackRock ESG Capital Allocation Term Trust by 1.9% in the 3rd quarter. Truist Financial Corp now owns 34,169 shares of the company’s stock worth $560,000 after buying an additional 628 shares during the last quarter. Fountainhead AM LLC lifted its holdings in shares of BlackRock ESG Capital Allocation Term Trust by 5.0% during the 2nd quarter. Fountainhead AM LLC now owns 15,850 shares of the company’s stock worth $255,000 after acquiring an additional 750 shares during the period. US Bancorp DE boosted its position in shares of BlackRock ESG Capital Allocation Term Trust by 6.2% in the third quarter. US Bancorp DE now owns 25,491 shares of the company’s stock worth $418,000 after acquiring an additional 1,480 shares during the last quarter. PFG Investments LLC grew its holdings in BlackRock ESG Capital Allocation Term Trust by 9.4% in the third quarter. PFG Investments LLC now owns 20,450 shares of the company’s stock valued at $335,000 after purchasing an additional 1,750 shares during the period. Finally, Keener Financial Planning LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust in the third quarter valued at approximately $30,000.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.