BHL Ex-Dividend Reminder - 10/11/13

Looking at the universe of stocks we cover at Dividend Channel, on 10/11/13, BlackRock Defined Opportunity Credit Trust ( BHL) will trade ex-dividend, for its monthly dividend of $0.066, payable on 10/31/13. As a percentage of BHL's recent stock price of $13.82, this dividend works out to approximately 0.48%.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for BHL, showing historical dividends prior to the most recent $0.066 declared by BlackRock Defined Opportunity Credit Trust:


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 5.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BHL shares, versus its 200 day moving average:

BlackRock Defined Opportunity Credit Trust 200 Day Moving Average Chart

Looking at the chart above, BHL's low point in its 52 week range is $12.92 per share, with $15.50 as the 52 week high point — that compares with a last trade of $13.82.

In Wednesday trading, BlackRock Defined Opportunity Credit Trust shares are currently up about 0.7% on the day.