Positive News Coverage Somewhat Unlikely to Impact BlackRock Income Trust (BKT) Share Price

Media stories about BlackRock Income Trust (NYSE:BKT) have been trending positive on Friday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Income Trust earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.1586201989276 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

BlackRock Income Trust (NYSE:BKT) traded up $0.01 during midday trading on Friday, reaching $6.17. The company’s stock had a trading volume of 168,914 shares, compared to its average volume of 98,493. BlackRock Income Trust has a fifty-two week low of $6.06 and a fifty-two week high of $6.40.

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.0265 per share. This represents a $0.32 annualized dividend and a yield of 5.15%. The ex-dividend date is Thursday, December 28th.

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About BlackRock Income Trust

BlackRock Income Trust, Inc (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. The Trust seeks to achieve its investment objective by investing at least 75% of its managed assets in bonds that are investment grade quality at the time of investment.

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