BlackRock Limited Duration Income Trust (NYSE:BLW) Plans Dividend Increase – $0.11 Per Share

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1132 per share by the investment management company on Friday, February 28th. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from BlackRock Limited Duration Income Trust’s previous dividend of $0.09.

BlackRock Limited Duration Income Trust has raised its dividend by an average of 4.2% per year over the last three years.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE BLW traded down $0.02 during mid-day trading on Tuesday, reaching $14.36. 127,669 shares of the company traded hands, compared to its average volume of 93,871. BlackRock Limited Duration Income Trust has a fifty-two week low of $13.24 and a fifty-two week high of $14.63. The stock has a fifty day simple moving average of $14.24 and a 200-day simple moving average of $14.27.

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.