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

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.277 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 20.9%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock ESG Capital Allocation Term Trust Stock Performance

ECAT opened at $15.90 on Friday. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $13.35 and a 1 year high of $17.16. The stock’s 50 day simple moving average is $15.77 and its 200-day simple moving average is $16.19.

Institutional Trading of BlackRock ESG Capital Allocation Term Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Keener Financial Planning LLC acquired a new position in BlackRock ESG Capital Allocation Term Trust in the third quarter worth about $30,000. PNC Financial Services Group Inc. acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at $49,000. Geneos Wealth Management Inc. boosted its stake in shares of BlackRock ESG Capital Allocation Term Trust by 630.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,155 shares of the company’s stock valued at $51,000 after purchasing an additional 2,723 shares in the last quarter. Triumph Capital Management bought a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter worth about $62,000. Finally, Mather Group LLC. acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth about $75,000.

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.