NYSE:BIT

BlackRock Multi-Sector Income Trust - BIT Stock Forecast, Price & News

$15.93

-0.16 (-0.99%)

(As of 08/19/2022 12:00 AM ET)

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Today's Range: $15.92
▼
$16.07
50-Day Range: $13.64
▼
$16.70
52-Week Range: $13.42
▼
$19.21

Volume: 67,497 shs
Average Volume: 120,016 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.08%
Price Target: N/A

About BlackRock Multi-Sector Income Trust

BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.

BlackRock Multi-Sector Income Trust Stock Down 1.0 %

Shares of NYSE:BIT traded down $0.16 during midday trading on Friday, reaching $15.93. The stock had a trading volume of 67,497 shares, compared to its average volume of 120,016. The company's 50 day moving average price is $14.90 and its 200 day moving average price is $15.47. BlackRock Multi-Sector Income Trust has a twelve month low of $13.42 and a twelve month high of $19.21.

BlackRock Multi-Sector Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, August 31st. Investors of record on Monday, August 15th will be issued a $0.124 dividend. This is a positive change from BlackRock Multi-Sector Income Trust's previous monthly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 12th. This represents a $1.49 annualized dividend and a yield of 9.34%.

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BIT Stock News Headlines

August 12, 2022 | finance.yahoo.com

Point72 hedge fund founder Steven Cohen plans launch of crypto asset management firm

August 12, 2022 | americanbankingnews.com

BlackRock Multi-Sector Income Trust (NYSE:BIT) Short Interest Update

February 4, 2022 | nasdaq.com

BlackRock Multi-Sector Income Trust Common Shares of Beneficial Interest (BIT)

October 13, 2021 | msn.com

BlackRock (BLK) Q3 2021 Earnings Call Transcript

August 3, 2021 | seekingalpha.com

BlackRock Multi-Sector Income Trust declares $0.1237 dividend

October 3, 2020 | finance.yahoo.com

BlackRock Floating Rate Income (XBGTX)

September 10, 2020 | seekingalpha.com

BIT: Has Managed To Recover Initial Losses, But The COVID-19 Pandemic Might Disrupt Housing Market

April 18, 2020 | www.barrons.com

BlackRock Multi-Sector Income Trust

March 12, 2020 | seekingalpha.com

BlackRock Multi-Sector Income Trust goes ex-dividend tomorrow

December 30, 2019 | finance.yahoo.com

BlackRock Limited Duration Income Trust (BLW)

July 2, 2019 | seekingalpha.com

BlackRock Multi-Sector Income Trust declares $0.1167 dividend

June 14, 2019 | finance.yahoo.com

Investors Who Bought Bit Evil (WSE:BIT) Shares A Year Ago Are Now Down 74%

December 19, 2018 | seekingalpha.com

BlackRock declares distribution on funds

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BIT Company Calendar

Ex-Dividend for 7/29 Dividend: 7/14/2022
Dividend Payable: 7/29/2022
Ex-Dividend for 8/31 Dividend: 8/12/2022
Today: 8/19/2022
Dividend Payable: 8/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Asset Management
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BIT
CUSIP: N/A
CIK: 1562818
Web: www.blackrock.com
Phone: (800) 882-0052
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Charles Choon Sik Park (Age 55)
Chief Compliance Officer and Anti- Money Laundering Officer

Mr. Thomas F. Musmanno C.F.A. (Age 53)
CFA, Portfolio Mang.

Mr. Akiva J. Dickstein
Portfolio Mang.

Mr. Randy Robertson
Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BIT Stock - Frequently Asked Questions

How have BIT shares performed in 2022?: BlackRock Multi-Sector Income Trust's stock was trading at $18.14 at the start of the year. Since then, BIT stock has decreased by 12.0% and is now trading at $15.96.
View the best growth stocks for 2022 here.
Are investors shorting BlackRock Multi-Sector Income Trust?: BlackRock Multi-Sector Income Trust saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 174,800 shares, an increase of 60.8% from the July 15th total of 108,700 shares. Based on an average daily volume of 112,900 shares, the days-to-cover ratio is presently 1.5 days.
View BlackRock Multi-Sector Income Trust's Short Interest.
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 declared a monthly dividend on Monday, August 1st. Stockholders of record on Monday, August 15th will be given a dividend of $0.124 per share on Wednesday, August 31st. This represents a $1.49 dividend on an annualized basis and a yield of 9.32%. The ex-dividend date of this dividend is Friday, August 12th. This is a positive change from the stock's previous monthly dividend of $0.12.
Read our dividend analysis for BIT.
Is BlackRock Multi-Sector Income Trust a good dividend stock?: BlackRock Multi-Sector Income Trust (NYSE:BIT) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for BIT.

What other stocks do shareholders of BlackRock Multi-Sector Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Multi-Sector Income Trust investors own include AT&T (T), Altria Group (MO), AbbVie (ABBV), Energy Transfer (ET), Main Street Capital (MAIN), Exxon Mobil (XOM), Realty Income (O), PIMCO Corporate & Income Opportunity Fund (PTY), VEREIT (VER) and Verizon Communications (VZ).
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."
Who are BlackRock Multi-Sector Income Trust's major shareholders?: BlackRock Multi-Sector Income Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include UBS Group AG (0.00%), LPL Financial LLC (0.00%), Wealthspire Advisors LLC (0.00%), Envestnet Asset Management Inc. (0.00%), Bridge Advisory LLC (0.00%) and Shaker Financial Services LLC (0.00%).
View institutional ownership trends.
How do I buy shares of BlackRock Multi-Sector Income Trust?: Shares of BIT stock 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.
Compare Top Brokerages Here.
What is BlackRock Multi-Sector Income Trust's stock price today?: One share of BIT stock can currently be purchased for approximately $15.96.
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 official website for the company is www.blackrock.com. The investment management company can be reached via phone at (800) 882-0052.

This page (NYSE:BIT) was last updated on 8/19/2022 by MarketBeat.com Staff

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