From MarketBeat:

BlackRock Income Trust, Inc. announced a dividend on Thursday, January 4th, investing.com reports. Stockholders of record on Friday, January 12th will receive a dividend of 0.0882 per share on Wednesday, January 31st. This represents a dividend yield of 8.68%. The ex-dividend date is Thursday, January 11th. The company has decreased its dividend by an average of 5.1% per year over the last three years.

BlackRock Income Trust Trading Up 0.3%. NYSE:BKT opened at $12.24 on Thursday. It has a 1-year low of $10.55 and a 1-year high of $13.30. The company’s fifty day moving average price is $11.63 and its 200-day moving average price is $11.70.

Institutional Trading of BlackRock Income Trust: Hedge funds and other institutional investors have recently made changes to their positions in the business. UBS Group AG boosted its holdings in BlackRock Income Trust by 0.6% during the first quarter. Institutional investors and hedge funds own 40.48% of the company’s stock.

BlackRock Income Trust Company Profile: BlackRock Income Trust, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in securities of companies that operate across diversified sectors. It invests in securities such as U.S.



Read more: BlackRock Income Trust, Inc. to Issue Dividend of $0.09 (NYSE:BKT)