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

BlackRock Capital Allocation Term Trust (NYSE:BCATGet Free Report) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.2649 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 21.6%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock Capital Allocation Term Trust Stock Performance

BlackRock Capital Allocation Term Trust stock opened at $14.71 on Tuesday. The company’s 50-day moving average is $14.81 and its 200-day moving average is $14.84. BlackRock Capital Allocation Term Trust has a fifty-two week low of $12.91 and a fifty-two week high of $16.54.

Hedge Funds Weigh In On BlackRock Capital Allocation Term Trust

Several institutional investors and hedge funds have recently modified their holdings of BCAT. AdvisorNet Financial Inc lifted its stake in shares of BlackRock Capital Allocation Term Trust by 83.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,947 shares of the company’s stock worth $29,000 after buying an additional 885 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in BlackRock Capital Allocation Term Trust by 341.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,045 shares of the company’s stock valued at $31,000 after acquiring an additional 1,582 shares during the period. Red Tortoise LLC acquired a new stake in BlackRock Capital Allocation Term Trust during the second quarter worth approximately $33,000. McIlrath & Eck LLC boosted its holdings in shares of BlackRock Capital Allocation Term Trust by 971.1% during the third quarter. McIlrath & Eck LLC now owns 2,999 shares of the company’s stock worth $44,000 after acquiring an additional 2,719 shares during the period. Finally, Private Trust Co. NA acquired a new position in shares of BlackRock Capital Allocation Term Trust in the first quarter valued at approximately $50,000. 36.12% of the stock is currently owned by institutional investors and hedge funds.

BlackRock Capital Allocation Term Trust Company Profile

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Dividend History for BlackRock Capital Allocation Term Trust (NYSE:BCAT)

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