BlackRock Multi-Sector Income Trust Announces Monthly Dividend of $0.12 (NYSE:BIT)

BlackRock Multi-Sector Income Trust (NYSE:BIT) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.1237 per share by the investment management company on Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 10.05%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Multi-Sector Income Trust Stock Down 0.3 %

BlackRock Multi-Sector Income Trust stock traded down $0.05 during trading hours on Friday, hitting $14.77. The company had a trading volume of 315,394 shares, compared to its average volume of 116,066. BlackRock Multi-Sector Income Trust has a one year low of $14.39 and a one year high of $15.98. The firm has a 50-day moving average of $14.80 and a 200 day moving average of $14.79.

About BlackRock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic.