BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on July 31st

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, July 31st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date is Monday, July 15th. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend payment by an average of 0.8% annually over the last three years.

BlackRock Limited Duration Income Trust Stock Performance

Shares of BLW opened at $14.01 on Wednesday. The company has a 50 day moving average of $13.75 and a two-hundred day moving average of $13.83. BlackRock Limited Duration Income Trust has a twelve month low of $12.35 and a twelve month high of $14.26.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.