BlackRock Capital Allocation Term Trust Declares Monthly Dividend of $0.26 (NYSE:BCAT)

Key Points

• BlackRock Capital Allocation Term Trust declared a monthly dividend of $0.2579 per share, payable April 30 to holders of record on April 15 (ex-dividend date April 15), implying an indicated annualized yield of 20.8%.
• Shares opened at $14.88 and trade in a 12-month range of $13.50–$15.41, with a 50-day moving average of $14.76 and a 200-day moving average of $14.59.
• BCAT is a closed-end, diversified term trust managed by BlackRock that seeks high current income and total return through a multi-sector credit strategy including corporate debt, floating‑rate loans, convertibles, equities and asset‑backed securities.

BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Wednesday, April 15th will be paid a dividend of 0.2579 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 20.8%. The ex-dividend date is Wednesday, April 15th.

BlackRock Capital Allocation Term Trust Stock Down 0.1%

Shares of BlackRock Capital Allocation Term Trust stock opened at $14.88 on Monday. BlackRock Capital Allocation Term Trust has a 12-month low of $13.50 and a 12-month high of $15.41. The stock's fifty day moving average is $14.76 and its 200-day moving average is $14.59.

About BlackRock Capital Allocation Term Trust

BlackRock Capital Allocation Term Trust NYSE: BCAT is a closed-end, diversified management investment company organized as a term trust. The fund's primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.

BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.

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