BlackRock Limited Duration Income Trust to Issue Monthly Dividend of $0.11 (NYSE:BLW)

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Monday, June 3rd, Zacks reports. Investors of record on Friday, June 14th will be given a dividend of 0.108 per share by the investment management company on Friday, June 28th. This represents a $1.30 annualized dividend and a yield of 9.33%. The ex-dividend date of this dividend is Friday, June 14th.

BlackRock Limited Duration Income Trust has raised its dividend by an average of 0.8% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

BlackRock Limited Duration Income Trust Stock Up 0.5 %

NYSE BLW traded up $0.07 during mid-day trading on Wednesday, hitting $13.89. The stock had a trading volume of 65,646 shares, compared to its average volume of 89,289. The firm’s 50 day moving average is $13.68 and its 200 day moving average is $13.72. BlackRock Limited Duration Income Trust has a twelve month low of $12.35 and a twelve month high of $14.26.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.