Blackrock Credit Allocation Income Trust (BTZ) to Issue Monthly Dividend of $0.07 on December 19th

Blackrock Credit Allocation Income Trust (NYSE:BTZ) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Tuesday, December 12th will be paid a dividend of 0.067 per share by the investment management company on Tuesday, December 19th. This represents a $0.80 annualized dividend and a yield of 6.05%. The ex-dividend date is Monday, December 11th.

Blackrock Credit Allocation Income Trust has decreased its dividend by an average of 1.6% per year over the last three years.

Shares of Blackrock Credit Allocation Income Trust (NYSE:BTZ) opened at $13.28 on Wednesday. Blackrock Credit Allocation Income Trust has a 12-month low of $12.43 and a 12-month high of $13.66.

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About Blackrock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust (the Trust) is a non-diversified closed-end management investment company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in industries, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Dividend History for Blackrock Credit Allocation Income Trust (NYSE:BTZ)

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