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BlackRock Capital Allocation Term Trust (NYSE:BCAT) to Issue Monthly Dividend of $0.28

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BlackRock Capital Allocation Term Trust (NYSE:BCAT - Get Free Report) announced a monthly dividend on Friday, April 4th, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.2848 per share on Wednesday, April 30th. This represents a $3.42 annualized dividend and a yield of 24.42%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Capital Allocation Term Trust Trading Up 5.7 %

Shares of NYSE BCAT traded up $0.75 during mid-day trading on Wednesday, reaching $13.99. The company had a trading volume of 938,826 shares, compared to its average volume of 422,994. BlackRock Capital Allocation Term Trust has a 52 week low of $12.91 and a 52 week high of $17.18. The business's 50-day moving average is $14.93 and its 200-day moving average is $15.60.

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