BlackRock Floating Rate Income Trust (BGT) To Go Ex-Dividend on February 14th

BlackRock Floating Rate Income Trust (NYSE:BGTGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Investors of record on Thursday, February 15th will be given a dividend of 0.12 per share by the investment management company on Thursday, February 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 11.34%. The ex-dividend date is Wednesday, February 14th.

BlackRock Floating Rate Income Trust has raised its dividend by an average of 12.8% per year over the last three years and has raised its dividend annually for the last 2 consecutive years.

BlackRock Floating Rate Income Trust Stock Up 0.7 %

NYSE BGT opened at $12.70 on Monday. The firm’s fifty day moving average price is $12.21 and its 200 day moving average price is $12.03. BlackRock Floating Rate Income Trust has a 12 month low of $10.75 and a 12 month high of $12.70.

Institutional Trading of BlackRock Floating Rate Income Trust

Hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new stake in shares of BlackRock Floating Rate Income Trust in the 2nd quarter worth $35,000. Private Advisor Group LLC acquired a new stake in shares of BlackRock Floating Rate Income Trust in the first quarter valued at about $149,000. Susquehanna International Group LLP acquired a new stake in shares of BlackRock Floating Rate Income Trust in the fourth quarter valued at about $155,000. Stephens Inc. AR lifted its stake in shares of BlackRock Floating Rate Income Trust by 6.6% in the first quarter. Stephens Inc. AR now owns 16,095 shares of the investment management company’s stock valued at $180,000 after purchasing an additional 1,000 shares during the period. Finally, Virtu Financial LLC acquired a new stake in shares of BlackRock Floating Rate Income Trust in the first quarter valued at about $199,000.

BlackRock Floating Rate Income Trust Company Profile

(Get Free Report)

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.

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Dividend History for BlackRock Floating Rate Income Trust (NYSE:BGT)

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