Media stories about BlackRock Floating Rate Income Trust (NYSE:BGT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Trust earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 48.4135889078852 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

BlackRock Floating Rate Income Trust (BGT) traded up 0.15% on Tuesday, reaching $13.74. The company had a trading volume of 58,052 shares. BlackRock Floating Rate Income Trust has a 12 month low of $13.10 and a 12 month high of $14.79. The stock has a 50 day moving average of $13.85 and a 200 day moving average of $14.25.

The business also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be issued a $0.0583 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend is Friday, August 11th.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-blackrock-floating-rate-income-trust-bgt-share-price/1530178.html.

BlackRock Floating Rate Income Trust Company Profile

BlackRock Floating Rate 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; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Insider Buying and Selling by Quarter for BlackRock Floating Rate Income Trust (NYSE:BGT)

Receive News & Ratings for BlackRock Floating Rate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Floating Rate Income Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.