NYSE:BITBlackrock Multi-Sector Income Trust Stock Price, Forecast & News

Blackrock Multi-Sector Income Trust's stock was trading at $14.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BIT shares have increased by 2.7% and is now trading at $14.66. View which stocks have been most impacted by Coronavirus.

Blackrock Multi-Sector Income Trust declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.124 per share on Tuesday, June 30th. This represents a $1.49 annualized dividend and a yield of 10.15%. The ex-dividend date of this dividend is Friday, June 12th. View Blackrock Multi-Sector Income Trust's dividend history.

News stories about BIT stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Blackrock Multi-Sector Income Trust earned a daily sentiment score of 1.3 on InfoTrie's scale. They also assigned news stories about the investment management company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutBlackrock Multi-Sector Income Trust.

Some companies that are related to Blackrock Multi-Sector Income Trust include 1ST TR ENERGY I/SH (FIF), 3i Group (TGOPF), Aberdeen Australia Equity Fund (IAF), Ackermans & van Haaren (ACKB), Advent Claymore Convertible Sec & Inc Fd (AVK), Allianzgi Diversified Incm and Cnvrtb Fd (ACV), AllianzGI Equity & Convertible Income FD (NIE), Alpine Global Premier Properties Fund (AWP), Alternative Invest Ordinary Units FP (AIQ), Amedeo Resources (AMED), Amundi (AMDUF), Apollo Senior Floating Rate Fund (AFT), Azimut (AZIHF), Bankinter (BKT) and Barings Global Short Duratin Hgh Yld Fnd (BGH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Blackrock Multi-Sector Income Trust investors own include AT&T (T), Vereit (VER), AbbVie (ABBV), Opko Health (OPK), Energy Transfer LP Unit (ET), Altria Group (MO), Realty Income (O), Ship Finance International (SFL), Virtu Financial (VIRT) and Exxon Mobil (XOM).

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

Blackrock Multi-Sector Income Trust's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Advisor Group Holdings Inc. (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), UBS Group AG (0.00%), Wells Fargo & Company MN (0.00%) and Saba Capital Management L.P. (0.00%). Company insiders that own Blackrock Multi-Sector Income Trust stock include Henry Gabbay and Hoy Michael. View institutional ownership trends for Blackrock Multi-Sector Income Trust.

BIT stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, RiverNorth Capital Management LLC, Wells Fargo & Company MN, Magnus Financial Group LLC, Raymond James Financial Services Advisors Inc., E&G Advisors LP, and Point View Wealth Management Inc.. View insider buying and selling activity for Blackrock Multi-Sector Income Trust.

BIT stock was purchased by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Saba Capital Management L.P., Parametric Portfolio Associates LLC, Cohen & Steers Inc., Invesco Ltd., Janney Montgomery Scott LLC, Advisors Asset Management Inc., and RMB Capital Management LLC. Company insiders that have bought Blackrock Multi-Sector Income Trust stock in the last two years include Henry Gabbay, and Hoy Michael. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of BIT stock can currently be purchased for approximately $14.66.

The official website for Blackrock Multi-Sector Income Trust is www.blackrock.com.

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.