BlackRock Floating Rate Income Trust (NYSE:BGT) Announces $0.12 Dividend

Posted by Stacy Sanders on Jan 3rd, 2025

BlackRock Floating Rate Income Trust (NYSE:BGT – Get Free Report) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1203 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Floating Rate Income Trust has increased its dividend by an average of 22.5% annually over the last three years.

BlackRock Floating Rate Income Trust Trading Down 0.6 %

Shares of NYSE BGT traded down $0.08 during trading on Friday, reaching $12.85. The company had a trading volume of 182,712 shares, compared to its average volume of 152,656. BlackRock Floating Rate Income Trust has a 12 month low of $12.01 and a 12 month high of $13.97. The company’s fifty day moving average price is $13.05 and its 200-day moving average price is $12.95.

About BlackRock Floating Rate Income Trust

(Get Free Report)

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.