BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Plans Dividend Increase – $0.30 Per Share

BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.30 per share on Friday, August 30th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 21.09%. The ex-dividend date is Thursday, August 15th. This is a boost from BlackRock ESG Capital Allocation Term Trust’s previous monthly dividend of $0.30.

BlackRock ESG Capital Allocation Term Trust Stock Down 1.1 %

ECAT traded down $0.19 during midday trading on Friday, hitting $17.07. The stock had a trading volume of 243,474 shares, compared to its average volume of 266,042. BlackRock ESG Capital Allocation Term Trust has a 1 year low of $14.02 and a 1 year high of $18.14. The business has a fifty day moving average of $17.54 and a 200 day moving average of $17.03.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.