BlackRock Capital Allocation Term Trust (BCAT) To Go Ex-Dividend on February 13th

BlackRock Capital Allocation Term Trust (NYSE:BCAT) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.2607 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 20.8%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Capital Allocation Term Trust Stock Up 0.2%

Shares of NYSE BCAT traded up $0.03 during midday trading on Wednesday, reaching $15.02. 105,891 shares of the company traded hands, compared to its average volume of 757,037. BlackRock Capital Allocation Term Trust has a 12 month low of $12.91 and a 12 month high of $15.91. The stock’s 50-day simple moving average is $14.50 and its 200-day simple moving average is $14.65.

About BlackRock Capital Allocation Term Trust

BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.

BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.