News stories about BlackRock Multi-Sector (NYSE:BIT) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlackRock Multi-Sector earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 45.9123244710756 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of NYSE:BIT traded down $0.02 on Tuesday, hitting $16.94. 13,606 shares of the company’s stock were exchanged, compared to its average volume of 129,679. BlackRock Multi-Sector has a 1-year low of $16.56 and a 1-year high of $18.77.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, April 16th will be given a dividend of $0.1167 per share. The ex-dividend date of this dividend is Friday, April 13th. This represents a $1.40 annualized dividend and a dividend yield of 8.27%.
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BlackRock Multi-Sector Company Profile
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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