BlackRock Income Trust, Inc. (NYSE:BKT) Plans $0.09 Monthly Dividend

BlackRock Income Trust, Inc. (NYSE:BKT) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0882 per share on Wednesday, April 30th. This represents a $1.06 annualized dividend and a dividend yield of 9.05%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Income Trust Stock Down 2.4 %

Shares of BKT opened at $11.69 on Friday. BlackRock Income Trust has a fifty-two week low of $11.06 and a fifty-two week high of $12.67. The company has a 50 day moving average price of $11.73 and a 200-day moving average price of $11.85.

About BlackRock Income Trust

BlackRock Income Trust, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.