Blackrock Credit Allocation Income Trust (NYSE:BTZ) Plans Monthly Dividend of $0.07

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Blackrock Credit Allocation Income Trust (NYSE:BTZ) declared a monthly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be given a dividend of 0.067 per share by the investment management company on Friday, June 29th. This represents a $0.80 annualized dividend and a dividend yield of 6.63%. The ex-dividend date of this dividend is Thursday, June 14th.

Blackrock Credit Allocation Income Trust has decreased its dividend payment by an average of 10.4% per year over the last three years.

Shares of Blackrock Credit Allocation Income Trust opened at $12.13 on Friday, according to MarketBeat Ratings. Blackrock Credit Allocation Income Trust has a 1 year low of $12.13 and a 1 year high of $13.66.

Blackrock Credit Allocation Income Trust Company Profile

BlackRock Credit Allocation 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 industries, 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.

Dividend History for Blackrock Credit Allocation Income Trust (NYSE:BTZ)

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