NYSE:BIT - Blackrock Multi-Sector Income Trust Stock Price, Price Target & More

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$17.10 -0.08 (-0.47 %)
(As of 05/27/2018 04:00 PM ET)
Previous Close$17.10
Today's Range$17.02 - $17.2050
52-Week Range$16.56 - $18.77
Volume185,137 shs
Average Volume128,806 shs
Market Capitalization$667.92 million
P/E RatioN/A
Dividend Yield8.02%
Beta0.37

About Blackrock Multi-Sector Income Trust (NYSE:BIT)

BlackRock Multi-Sector Income Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining. Its investment manager is BlackRock Advisors, LLC.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:BIT
CUSIPN/A
Phone+1-800-8820052

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares38,420,000

Blackrock Multi-Sector Income Trust (NYSE:BIT) Frequently Asked Questions

What is Blackrock Multi-Sector Income Trust's stock symbol?

Blackrock Multi-Sector Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIT."

How often does Blackrock Multi-Sector Income Trust pay dividends? What is the dividend yield for Blackrock Multi-Sector Income Trust?

Blackrock Multi-Sector Income Trust announced a monthly dividend on Wednesday, May 2nd. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.1167 per share on Thursday, May 31st. This represents a $1.40 annualized dividend and a dividend yield of 8.19%. The ex-dividend date is Monday, May 14th. View Blackrock Multi-Sector Income Trust's Dividend History.

Who are Blackrock Multi-Sector Income Trust's key executives?

Blackrock Multi-Sector Income Trust's management team includes the folowing people:
  • Richard E. Cavanagh, Independent Chairman of the Board of Trustees (Age 71)
  • John M. Perlowski, President, Chief Executive Officer and Director/Trustee (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustees (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Charles Park J.D., Chief Compliance Officer (Age 50)
  • Jonathan Diorio, Vice President (Age 37)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)
  • Michael J. Castellano, Independent Trustee (Age 71)
  • Cynthia L. Egan, Independent Trustee (Age 62)

Has Blackrock Multi-Sector Income Trust been receiving favorable news coverage?

Headlines about BIT stock have trended somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blackrock Multi-Sector Income Trust earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the investment management company an impact score of 46.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Blackrock Multi-Sector Income Trust's major shareholders?

Blackrock Multi-Sector Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include UBS Group AG (6.42%), Wells Fargo & Company MN (2.16%), Guggenheim Capital LLC (0.63%), Shaker Financial Services LLC (0.61%), Royal Bank of Canada (0.56%) and RMB Capital Management LLC (0.52%). View Institutional Ownership Trends for Blackrock Multi-Sector Income Trust.

Which major investors are selling Blackrock Multi-Sector Income Trust stock?

BIT stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, City of London Investment Management Co. Ltd., Guggenheim Capital LLC, LPL Financial LLC, Stratos Wealth Partners LTD., BB&T Securities LLC and First Foundation Advisors. View Insider Buying and Selling for Blackrock Multi-Sector Income Trust.

Which major investors are buying Blackrock Multi-Sector Income Trust stock?

BIT stock was acquired by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Shaker Financial Services LLC, Millennium Management LLC, Stifel Financial Corp, Royal Bank of Canada, Saba Capital Management L.P., Wells Fargo & Company MN and Doliver Capital Advisors LP. View Insider Buying and Selling for Blackrock Multi-Sector Income Trust.

How do I buy shares of Blackrock Multi-Sector Income Trust?

Shares of BIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Blackrock Multi-Sector Income Trust's stock price today?

One share of BIT stock can currently be purchased for approximately $17.10.

How big of a company is Blackrock Multi-Sector Income Trust?

Blackrock Multi-Sector Income Trust has a market capitalization of $667.92 million.

How can I contact Blackrock Multi-Sector Income Trust?

Blackrock Multi-Sector 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 +1-800-8820052.


MarketBeat Community Rating for Blackrock Multi-Sector Income Trust (BIT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  44 (Vote Underperform)
Total Votes:  83
MarketBeat's community ratings are surveys of what our community members think about Blackrock Multi-Sector Income Trust and other stocks. Vote "Outperform" if you believe BIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BIT will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Blackrock Multi-Sector Income Trust (NYSE:BIT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/27/2016 forward)

Earnings

Dividends

Blackrock Multi-Sector Income Trust (NYSE:BIT) Dividend Information

Blackrock Multi-Sector Income Trust pays an annual dividend of $1.40 per share, with a dividend yield of 8.19%. BIT's next monthly dividend payment will be made on Thursday, May 31.
Next Dividend:5/31/2018
Annual Dividend:$1.40
Dividend Yield:8.19%
Dividend Growth:-5.90% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Monthly Dividend
Dividend Payments by Quarter for Blackrock Multi-Sector Income Trust (NYSE:BIT)

Blackrock Multi-Sector Income Trust (NYSE:BIT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2018monthly$0.11678.24%5/14/20185/15/20185/31/2018
4/3/2018monthly$0.11678.32%4/13/20184/16/20184/30/2018
3/5/2018monthly$0.11678.1%3/14/20183/15/20183/29/2018
2/5/2018monthly$0.11678.05%2/14/20182/15/20182/28/2018
12/20/2017special$0.13107.73%12/28/201712/29/20171/9/2018
12/4/2017monthly$0.11677.69%12/11/201712/12/201712/19/2017
11/2/2017monthly$0.11677.6%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.11677.48%10/13/201710/16/201710/31/2017
9/5/2017monthly$0.11677.63%9/14/20179/15/20179/29/2017
8/3/2017monthly$0.11677.6%8/11/20178/15/20178/31/2017
7/5/2017monthly$0.11677.74%7/12/20177/14/20177/31/2017
6/2/2017monthly$0.11677.77%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.11677.86%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.11678.05%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.11678%3/13/20173/15/20173/31/2017
2/15/2017monthly$0.11678.13%2/13/20172/15/20172/28/2017
12/20/2016special$0.378.49%12/28/201612/30/20161/9/2017
(Data available from 1/1/2013 forward)

Insider Trades

Blackrock Multi-Sector Income Trust (NYSE BIT) Insider Trading and Institutional Ownership History

Insider Trading History for Blackrock Multi-Sector Income Trust (NYSE:BIT)
Institutional Ownership by Quarter for Blackrock Multi-Sector Income Trust (NYSE:BIT)

Blackrock Multi-Sector Income Trust (NYSE BIT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/15/2016Donald Leo MacdonaldDirectorBuy4,000$0.0450$180.00
1/14/2016Donald Leo MacdonaldDirectorBuy21,000$0.0414$869.40
12/11/2015Donald Leo MacdonaldDirectorBuy11,000$0.0409$449.90
11/9/2015Donald Leo MacdonaldDirectorBuy74,000$0.05$3,700.00
10/13/2015Donald Leo MacdonaldDirectorBuy25,000$0.0450$1,125.00
9/18/2015Donald Leo MacdonaldDirectorBuy4,000$0.0350$140.00
3/20/2015Donald Leo MacdonaldDirectorBuy10,000$0.0350$350.00
3/19/2015Donald Leo MacdonaldDirectorBuy40,000$0.0350$1,400.00
(Data available from 1/1/2013 forward)

Headlines

Blackrock Multi-Sector Income Trust (NYSE BIT) News Headlines

Source:
DateHeadline
BlackRock Multi-Sector Announces Monthly Dividend of $0.12 (BIT)BlackRock Multi-Sector Announces Monthly Dividend of $0.12 (BIT)
www.americanbankingnews.com - May 2 at 6:10 PM
Blackrock Multi-Sector Income Trust (BIT) Announces Monthly Dividend of $0.12Blackrock Multi-Sector Income Trust (BIT) Announces Monthly Dividend of $0.12
www.americanbankingnews.com - March 5 at 6:22 PM
Blackrock Multi-Sector Income Trust Announces Monthly Dividend of $0.12 (BIT)Blackrock Multi-Sector Income Trust Announces Monthly Dividend of $0.12 (BIT)
www.americanbankingnews.com - February 5 at 6:00 PM
BlackRock Multi-Sector Income Trust (BIT) Declares $0.13 Special DividendBlackRock Multi-Sector Income Trust (BIT) Declares $0.13 Special Dividend
www.americanbankingnews.com - December 20 at 8:08 PM
BlackRock Multi-Sector Income Trust (BIT) to Issue $0.12 Monthly DividendBlackRock Multi-Sector Income Trust (BIT) to Issue $0.12 Monthly Dividend
www.americanbankingnews.com - December 4 at 5:52 PM
Apple Fired Its Black Diversity Chief After She Said Whites Can Be DiverseApple Fired Its Black Diversity Chief After She Said Whites Can Be Diverse
www.msn.com - November 20 at 3:24 PM
Left behind: can anyone save the towns the economy forgot?Left behind: can anyone save the towns the economy forgot?
www.ft.com - November 16 at 5:00 PM
BlackRock Multi-Sector Income Trust (BIT) Declares Monthly Dividend of $0.12BlackRock Multi-Sector Income Trust (BIT) Declares Monthly Dividend of $0.12
www.americanbankingnews.com - November 13 at 9:28 AM
Blackrock Multi-Sector Income Trust to Issue Monthly Dividend of $0.12 (BIT)Blackrock Multi-Sector Income Trust to Issue Monthly Dividend of $0.12 (BIT)
www.americanbankingnews.com - November 2 at 5:42 PM
This Is Not The Time To Panic On PCIThis Is Not The Time To Panic On PCI
seekingalpha.com - October 23 at 5:27 PM
Blackrock Multi-Sector Income Trust Declares Monthly Dividend of $0.12 (BIT)Blackrock Multi-Sector Income Trust Declares Monthly Dividend of $0.12 (BIT)
www.americanbankingnews.com - October 3 at 6:36 PM
Its About The Quality - UTG Dividend Case StudyIt's About The Quality - UTG Dividend Case Study
seekingalpha.com - September 25 at 8:09 PM
China Plans To Ban Bitcoin Trading, Initial Coin Offerings Even As Fintech Adoption ThrivesChina Plans To Ban Bitcoin Trading, Initial Coin Offerings Even As Fintech Adoption Thrives
finance.yahoo.com - September 12 at 4:52 PM
Blackrock Multi-Sector Income Trust (BIT) Plans $0.12 Monthly DividendBlackrock Multi-Sector Income Trust (BIT) Plans $0.12 Monthly Dividend
www.americanbankingnews.com - September 5 at 7:48 PM
MIN: Good Fund Ruined By PolicyMIN: Good Fund Ruined By Policy
seekingalpha.com - September 4 at 9:45 PM
Crypto Digest: A Primer And The Top ICO ProspectsCrypto Digest: A Primer And The Top ICO Prospects
finance.yahoo.com - August 28 at 9:33 PM
BlackRocks (BLK) CEO Laurence Fink on Q2 2017 Results - Earnings Call TranscriptBlackRock's (BLK) CEO Laurence Fink on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 17 at 4:56 PM
Wall Street to Millennials: Dont fear the stock marketWall Street to Millennials: Don't fear the stock market
www.usatoday.com - May 9 at 3:56 PM
Form NSAR-A BlackRock Funds II For: Feb 28Form NSAR-A BlackRock Funds II For: Feb 28
www.streetinsider.com - April 24 at 3:53 PM
Form SC 13G/A BlackRock Multi-Sector Filed by: FIRST TRUST PORTFOLIOS LPForm SC 13G/A BlackRock Multi-Sector Filed by: FIRST TRUST PORTFOLIOS LP
www.streetinsider.com - January 31 at 1:47 AM
Facebook, Cisco and Kraft Heinz: Jim Cramers ViewsFacebook, Cisco and Kraft Heinz: Jim Cramer's Views
www.thestreet.com - December 19 at 4:24 PM
BLACKROCK MULTI-SECTOR INCOME TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsBLACKROCK MULTI-SECTOR INCOME TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - October 28 at 8:44 PM
Are CEF Investors Getting Suckered Into High Yields?Are CEF Investors Getting Suckered Into High Yields?
seekingalpha.com - September 6 at 3:35 PM

SEC Filings

Blackrock Multi-Sector Income Trust (NYSE:BIT) SEC Filings

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Social Media

Financials

Blackrock Multi-Sector Income Trust (NYSE:BIT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Blackrock Multi-Sector Income Trust (NYSE BIT) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff

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