|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||38.52 - 38.78|
|52 Week Range||32.00 - 44.00|
|Beta (3Y Monthly)||-0.38|
|PE Ratio (TTM)||16.89|
|Forward Dividend & Yield||2.40 (6.22%)|
|1y Target Est||N/A|
Certain BlackRock closed-end funds announced distributions today as detailed below. BlackRock Floating Rate Income Trust and BlackRock Enhanced Equity Dividend Trust announced increases in their monthly distribution rates and several Funds announced a decrease in their monthly distribution rates.
Today, BlackRock Resources & Commodities Strategy Trust , BlackRock Enhanced Equity Dividend Trust , BlackRock Energy and Resources Trust , BlackRock Enhanced International Dividend Trust , BlackRock Health Sciences Trust , BlackRock Enhanced Global Dividend Trust , BlackRock Utilities, Infrastructure & Power Opportunities Trust , BlackRock Enhanced Capital and Income Fund, Inc.
All of this — the extended break up and the political fallout — creates a lot of uncertainty. Throw in concerns about a European economic slowdown and U.S. trade wars on three fronts — as President Donald Trump tangles with China, Europe and now Mexico on tariff issues — and U.K. stocks are in the dust bin. “The U.K. is at the bottom of current allocations by global fund managers,” says Raymond James Investment Services European strategist Chris Bailey.
The stock market correction that started in October and has continued in November will encourage investors to buy more conservative stocks. Conversely, Pfizer Inc. (NYSE: PFE) stock is closer to its 52-week highs. Plus, Pfizer stock has a dividend yield of around 3%.
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of twenty BlackRock taxable fixed-income and equity closed-end funds have authorized the renewal of open market share repurchase programs .