BlackRock Limited Duration Income Trust Announces Monthly Dividend of $0.11 (NYSE:BLW)

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.1132 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Friday, March 13th.

BlackRock Limited Duration Income Trust Trading Down 0.0%

Shares of NYSE BLW traded down $0.01 during mid-day trading on Wednesday, hitting $13.34. 19,926 shares of the stock traded hands, compared to its average volume of 92,832. BlackRock Limited Duration Income Trust has a twelve month low of $12.48 and a twelve month high of $14.30. The firm has a 50 day simple moving average of $13.71 and a two-hundred day simple moving average of $13.85.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.