BlackRock Capital Allocation Term Trust (NYSE:BCAT) Announces Monthly Dividend of $0.26

BlackRock Capital Allocation Term Trust (NYSE:BCAT) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be given a dividend of 0.262 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 21.8%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Capital Allocation Term Trust Price Performance

Shares of BCAT opened at $14.45 on Friday. BlackRock Capital Allocation Term Trust has a one year low of $12.91 and a one year high of $15.91. The stock has a 50-day moving average price of $14.44 and a 200 day moving average price of $14.78.

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.