BlackRock Capital Allocation Term Trust (BCAT) To Go Ex-Dividend on January 20th

BlackRock Capital Allocation Term Trust (NYSE:BCAT) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.2607 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 21.1%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Capital Allocation Term Trust Price Performance

Shares of BCAT stock opened at $14.82 on Friday. BlackRock Capital Allocation Term Trust has a 52-week low of $12.91 and a 52-week high of $15.91. The business has a 50-day simple moving average of $14.36 and a 200-day simple moving average of $14.69.

BlackRock Capital Allocation Term Trust Company Profile

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.