BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be paid a dividend of 0.2755 per share on Thursday, July 31st. This represents a $3.31 dividend on an annualized basis and a yield of 21.77%. The ex-dividend date is Tuesday, July 15th.
BlackRock Capital Allocation Term Trust Trading Up 0.5%
Shares of NYSE:BCAT traded up $0.08 during trading on Friday, reaching $15.19. The company had a trading volume of 217,293 shares, compared to its average volume of 458,783. BlackRock Capital Allocation Term Trust has a twelve month low of $12.91 and a twelve month high of $17.06. The firm's fifty day moving average is $14.90 and its 200 day moving average is $14.95.
Hedge Funds Weigh In On BlackRock Capital Allocation Term Trust
An institutional investor recently raised its position in BlackRock Capital Allocation Term Trust stock. Integrated Wealth Concepts LLC increased its position 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 Form 13F filing with the Securities & Exchange Commission. The firm owned 34,000 shares of the company's stock after acquiring 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. Hedge funds and other institutional investors own 36.12% of the company's stock.
BlackRock Capital Allocation Term Trust Company Profile
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