News stories about Blackrock Credit Allocation Income Trust (NYSE:BTZ) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Credit Allocation Income Trust earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 47.1831693695684 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
NYSE BTZ traded up $0.01 during trading on Friday, hitting $12.38. The company had a trading volume of 200 shares, compared to its average volume of 224,332. Blackrock Credit Allocation Income Trust has a one year low of $12.03 and a one year high of $13.66.
The business also recently disclosed a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be issued a $0.067 dividend. The ex-dividend date is Thursday, September 13th. This represents a $0.80 annualized dividend and a yield of 6.49%.
About Blackrock Credit Allocation Income Trust
BlackRock Credit Allocation 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 industries, 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; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.
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