Favorable Press Coverage Somewhat Unlikely to Affect Blackrock High Yield Trust (HYT) Share Price

News headlines about Blackrock High Yield Trust (NYSE:HYT) have trended positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog 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 High Yield Trust earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.8946056263175 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of NYSE HYT opened at $10.59 on Friday. Blackrock High Yield Trust has a 12 month low of $10.41 and a 12 month high of $11.47.

How to Become a New Pot Stock Millionaire

The business also recently announced a monthly dividend, which was paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th were issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a dividend yield of 7.93%. The ex-dividend date was Wednesday, March 14th.

In related news, insider James Keenan bought 50,000 shares of Blackrock High Yield Trust stock in a transaction dated Tuesday, February 6th. The stock was acquired at an average cost of $10.66 per share, with a total value of $533,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

COPYRIGHT VIOLATION WARNING: “Favorable Press Coverage Somewhat Unlikely to Affect Blackrock High Yield Trust (HYT) Share Price” was originally published by WKRB News and is owned by of WKRB News. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.wkrb13.com/2018/03/31/favorable-press-coverage-somewhat-unlikely-to-affect-blackrock-high-yield-trust-hyt-share-price.html.

About Blackrock High Yield Trust

BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.

Insider Buying and Selling by Quarter for Blackrock High Yield Trust (NYSE:HYT)

Receive News & Ratings for Blackrock High Yield Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock High Yield Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply