BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.96 and traded as low as $12.77. BlackRock Floating Rate Income Trust shares last traded at $12.83, with a volume of 68,682 shares traded.
BlackRock Floating Rate Income Trust Stock Performance
The business has a 50-day moving average of $12.84 and a 200 day moving average of $12.96.
BlackRock Floating Rate Income Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.1203 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 11.25%. The ex-dividend date is Tuesday, October 15th.
Institutional Trading of BlackRock Floating Rate Income Trust
About BlackRock Floating Rate Income Trust
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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