BlackRock Multi-Sector Income Trust (BIT) will begin trading ex-dividend on August 13, 2020. A cash dividend payment of $0.124 per share is scheduled to be paid on August 31, 2020. Shareholders who purchased BIT prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that BIT has paid the same dividend. At the current stock price of $15.77, the dividend yield is 9.44%.
The previous trading day's last sale of BIT was $15.77, representing a -9.26% decrease from the 52 week high of $17.38 and a 87.51% increase over the 52 week low of $8.41.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.