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

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be given a dividend of 0.1132 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 10.8%. The ex-dividend date is Friday, August 14th.

BlackRock Limited Duration Income Trust Stock Down 0.1%

NYSE BLW opened at $12.61 on Wednesday. The firm’s fifty day simple moving average is $12.49 and its two-hundred day simple moving average is $12.85. BlackRock Limited Duration Income Trust has a 12-month low of $12.06 and a 12-month high of $14.30.

BlackRock Limited Duration Income Trust Company Profile

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.