BlackRock Multi-Sector Income Trust (BIT) Receiving Positive Media Coverage, Report Shows
Media coverage about BlackRock Multi-Sector Income Trust (NYSE:BIT) has been trending positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock Multi-Sector Income Trust earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned headlines about the company an impact score of 48.1757175734349 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
BlackRock Multi-Sector Income Trust (NYSE BIT) opened at $18.36 on Friday. BlackRock Multi-Sector Income Trust has a 52 week low of $15.52 and a 52 week high of $18.77.
The business also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be paid a $0.1167 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a yield of 7.63%.
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About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.
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