Headlines about BlackRock Floating Rate Income Trust (NYSE:BGT) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Trust earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.994578365446 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of BlackRock Floating Rate Income Trust (NYSE BGT) traded up $0.13 during trading hours on Thursday, hitting $13.91. The stock had a trading volume of 38,600 shares, compared to its average volume of 71,018. BlackRock Floating Rate Income Trust has a 52 week low of $13.40 and a 52 week high of $14.79.
The company also recently announced a monthly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, December 12th will be paid a $0.0583 dividend. This represents a $0.70 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend is Monday, December 11th.
BlackRock Floating Rate Income Trust Company Profile
BlackRock Floating Rate 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 various sectors, 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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