BlackRock Core Bond Trust (NYSE:BHK) Plans $0.07 Monthly Dividend

BlackRock Core Bond Trust (NYSE:BHK) declared a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0746 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Core Bond Trust Stock Performance

NYSE:BHK opened at $9.11 on Wednesday. BlackRock Core Bond Trust has a 12-month low of $8.94 and a 12-month high of $10.54. The stock’s 50 day moving average price is $9.21 and its two-hundred day moving average price is $9.47.

BlackRock Core Bond Trust Company Profile

BlackRock Core Bond Trust (NYSE: BHK) is a closed-end management investment company that seeks to provide shareholders with a high level of current income, consistent with the preservation of capital. The trust primarily invests in a diversified portfolio of investment-grade fixed-income securities, including U.S. government and agency obligations, corporate bonds, mortgage- and asset-backed securities, and other debt instruments. The fund may employ leverage to enhance its income-generating potential.

Since its inception in 2008, BHK has been managed by a dedicated team of fixed-income professionals at BlackRock Advisors, drawing on the firm’s global research capabilities and risk-management platform.