BlackRock Floating Rate Income Trust Stock Forecast, Price & News

Wall Street analysts have given BlackRock Floating Rate Income Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackRock Floating Rate Income Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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BlackRock Floating Rate Income Trust saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 47,600 shares, an increase of 44.7% from the June 15th total of 32,900 shares. Based on an average daily trading volume, of 97,200 shares, the short-interest ratio is currently 0.5 days.
View BlackRock Floating Rate Income Trust's Short Interest.

BlackRock Floating Rate Income Trust's stock was trading at $11.07 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BGT stock has increased by 15.6% and is now trading at $12.80.
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BlackRock Floating Rate Income Trust announced a monthly dividend on Saturday, July 3rd. Stockholders of record on Thursday, July 15th will be paid a dividend of $0.0647 per share on Friday, July 30th. This represents a $0.78 annualized dividend and a dividend yield of 6.07%. The ex-dividend date of this dividend is Wednesday, July 14th.
View BlackRock Floating Rate Income Trust's dividend history.

BlackRock Floating Rate Income Trust pays an annual dividend of $0.74 per share and currently has a dividend yield of 0.06%.
View BlackRock Floating Rate Income Trust's dividend history.

Some companies that are related to BlackRock Floating Rate Income Trust include 578896 (INB.L) (INB), Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
View all of BGT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Floating Rate Income Trust investors own include Philip Morris International (PM), AT&T (T), The Blackstone Group (BX), Citigroup (C), Energy Transfer (ET), Main Street Capital (MAIN), Pembina Pipeline (PBA), Pfizer (PFE), PIMCO Corporate & Income Opportunity Fund (PTY) and Verizon Communications (VZ).

BlackRock Floating Rate Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGT."

Shares of BGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BGT stock can currently be purchased for approximately $12.80.

The official website for BlackRock Floating Rate Income Trust is www.blackrock.com.

BlackRock Floating Rate Income Trust is headquartered at 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States.

BlackRock Floating Rate Income Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at 302-797-2000.