BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Declares $0.28 Monthly Dividend

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.2785 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 21.0%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock ESG Capital Allocation Term Trust Trading Up 1.5%

Shares of ECAT stock traded up $0.23 during trading hours on Friday, hitting $15.91. 225,332 shares of the company’s stock were exchanged, compared to its average volume of 342,977. BlackRock ESG Capital Allocation Term Trust has a fifty-two week low of $13.35 and a fifty-two week high of $17.16. The firm has a 50 day moving average of $16.02 and a two-hundred day moving average of $16.23.

Institutional Investors Weigh In On BlackRock ESG Capital Allocation Term Trust

Several institutional investors have recently bought and sold shares of the company. Truist Financial Corp lifted its holdings in BlackRock ESG Capital Allocation Term Trust by 1.9% in the third quarter. Truist Financial Corp now owns 34,169 shares of the company’s stock valued at $560,000 after acquiring an additional 628 shares during the last quarter. Fountainhead AM LLC increased its position in shares of BlackRock ESG Capital Allocation Term Trust by 5.0% during the 2nd quarter. Fountainhead AM LLC now owns 15,850 shares of the company’s stock worth $255,000 after purchasing an additional 750 shares during the last quarter. US Bancorp DE lifted its position in BlackRock ESG Capital Allocation Term Trust by 6.2% in the third quarter. US Bancorp DE now owns 25,491 shares of the company’s stock valued at $418,000 after buying an additional 1,480 shares during the last quarter. PFG Investments LLC boosted its stake in BlackRock ESG Capital Allocation Term Trust by 9.4% during the third quarter. PFG Investments LLC now owns 20,450 shares of the company’s stock worth $335,000 after buying an additional 1,750 shares during the period. Finally, Keener Financial Planning LLC purchased a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at approximately $30,000.

About BlackRock ESG Capital Allocation Term Trust

BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) is a closed-end management investment company sponsored by BlackRock, Inc The trust seeks to provide investors with a combination of current income and capital appreciation through a diversified portfolio of equity and fixed-income securities. ECAT’s investment strategy integrates environmental, social and governance (ESG) criteria into the selection process, targeting companies whose business practices align with sustainable outcomes while aiming to manage risk and enhance long-term returns.

The fund’s portfolio is constructed and managed by BlackRock Investment Management, LLC, leveraging the firm’s global research capabilities and proprietary ESG analytics.