Cash Dividend On The Way From BlackRock Defined Opportunity Credit Trust (BHL)

Tickers in this article: BHL
Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock Defined Opportunity Credit Trust BHL will trade ex-dividend, for its monthly dividend of $0.0685, payable on 4/30/13. As a percentage of BHL's recent stock price of $14.88, this dividend works out to approximately 0.46%.

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Below is a dividend history chart for BHL, showing historical dividends prior to the most recent $0.0685 declared by BlackRock Defined Opportunity Credit Trust:

BHL+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BHL is likely to continue, and whether the current estimated yield of 5.52% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock Defined Opportunity Credit Trust shares are currently up about 0.2% on the day.