BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.2755 per share on Thursday, July 31st. This represents a $3.31 annualized dividend and a yield of 21.77%. The ex-dividend date is Tuesday, July 15th.
BlackRock Capital Allocation Term Trust Stock Performance
BlackRock Capital Allocation Term Trust stock traded up $0.08 during trading hours on Friday, reaching $15.19. The stock had a trading volume of 217,293 shares, compared to its average volume of 459,201. The business's 50 day moving average price is $14.88 and its 200-day moving average price is $14.96. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $17.06.
Institutional Inflows and Outflows
An institutional investor recently raised its position in BlackRock Capital Allocation Term Trust stock. Integrated Wealth Concepts LLC raised its holdings in shares of BlackRock Capital Allocation Term Trust (NYSE:BCAT - Free Report) by 35.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,000 shares of the company's stock after purchasing an additional 8,950 shares during the period. Integrated Wealth Concepts LLC's holdings in BlackRock Capital Allocation Term Trust were worth $490,000 at the end of the most recent quarter. Institutional investors own 36.12% of the company's stock.
About BlackRock Capital Allocation Term Trust
(
Get Free Report)
-
See Also
Before you consider BlackRock Capital Allocation Term Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock Capital Allocation Term Trust wasn't on the list.
While BlackRock Capital Allocation Term Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
