News articles about BlackRock Floating Rate Income Trust (NYSE:BGT) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Trust earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 48.6029496265402 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
BlackRock Floating Rate Income Trust (BGT) traded down 0.177% on Tuesday, reaching $14.095. The company’s stock had a trading volume of 20,598 shares. The firm has a 50 day moving average price of $13.79 and a 200 day moving average price of $14.11. BlackRock Floating Rate Income Trust has a 52 week low of $13.23 and a 52 week high of $14.79.
The company also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be paid a $0.0583 dividend. The ex-dividend date is Friday, October 13th. This represents a $0.70 annualized dividend and a yield of 4.95%.
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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.