BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.2782 per share on Monday, June 30th. This represents a $3.34 annualized dividend and a yield of 21.96%. The ex-dividend date of this dividend is Friday, June 13th.
BlackRock Capital Allocation Term Trust Trading Up 0.2%
Shares of NYSE:BCAT traded up $0.03 during trading on Thursday, hitting $15.20. The stock had a trading volume of 332,155 shares, compared to its average volume of 444,272. BlackRock Capital Allocation Term Trust has a 12-month low of $12.91 and a 12-month high of $17.06. The stock has a 50-day simple moving average of $14.41 and a two-hundred day simple moving average of $15.13.
Institutional Inflows and Outflows
An institutional investor recently raised its position in BlackRock Capital Allocation Term Trust stock. Integrated Wealth Concepts LLC lifted its position in BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 35.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,000 shares of the company's stock after purchasing an additional 8,950 shares during the quarter. Integrated Wealth Concepts LLC's holdings in BlackRock Capital Allocation Term Trust were worth $490,000 as of its most recent SEC filing. Institutional investors own 36.12% of the company's stock.
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