Blackrock Multi-Sector Income Trust (BIT) Earns Media Impact Score of 0.31
Media stories about Blackrock Multi-Sector Income Trust (NYSE:BIT) have trended positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackrock Multi-Sector Income Trust earned a coverage optimism score of 0.31 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.5695826077029 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Blackrock Multi-Sector Income Trust (BIT) traded down 0.48% during mid-day trading on Wednesday, hitting $18.64. The company had a trading volume of 89,241 shares. Blackrock Multi-Sector Income Trust has a 52-week low of $15.52 and a 52-week high of $18.77. The firm has a 50-day moving average price of $18.42 and a 200 day moving average price of $18.01.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be given a $0.1167 dividend. The ex-dividend date is Friday, October 13th. This represents a $1.40 annualized dividend and a yield of 7.51%.
About Blackrock Multi-Sector Income Trust
BlackRock Multi-Sector 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; it services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.
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