BlackRock Floating Rate Income Trust (NYSE:BGT) to Issue Dividend of $0.12

BlackRock Floating Rate Income Trust (NYSE:BGT) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.1203 per share by the investment management company on Monday, March 31st. The ex-dividend date is Friday, March 14th.

BlackRock Floating Rate Income Trust Stock Performance

BGT traded down $0.14 on Tuesday, reaching $12.66. 126,992 shares of the company traded hands, compared to its average volume of 114,781. BlackRock Floating Rate Income Trust has a 52-week low of $12.05 and a 52-week high of $13.97. The stock’s 50 day moving average price is $12.71 and its 200-day moving average price is $12.87.

About BlackRock Floating Rate Income Trust

BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc It invests in the fixed income markets across the globe while focusing on the United States. The fund invests in bonds of companies operating across diversified sectors.