BGT - BGT

Blackrock Floating Rate Stock (NYSE: BGT)

Latest news for Blackrock Floating Rate (NYSE:BGT) Stock

Blackrock Floating Rate

Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

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Blackrock Floating Rate Income Trust

BIGtoken Inc

GOAT Industries Ltd

Tuesday marks the last chance for investors to receive the next dividend payout from Blackrock Floating Rate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGT#NYSE">BGT</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 7.81 cents per share. On Wednesday, Blackrock Floating Rate will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.81 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own BGT as of the end of Tuesday's session are eligible to receive the 7.81 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 22, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

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Blackrock Floating Rate

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