Saba Capital Management, L.P. (Trades, Portfolio), a prominent investment firm, has recently expanded its portfolio by adding shares of BlackRock Capital Allocation Trust (NYSE:BCAT). On November 10, 2023, the firm acquired an additional 8,722 shares of BCAT at a trade price of $14.54. This transaction has increased Saba Capital Management's total holdings in BCAT to 11,389,765 shares, signifying a substantial investment in the asset management company.
Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, has recently expanded its portfolio by acquiring additional shares in BlackRock Capital Allocation Trust (NYSE:BCAT). This article provides an in-depth analysis of the transaction, the profiles of the guru and the traded company, and the potential implications of this move. The transaction took place on November 3, 2023, with Saba Capital Management, L.P. (Trades, Portfolio) adding 11,297,895 shares of BCAT to its portfolio.
BlackRock Capital Allocation Trust (NYSE:BCAT) recently announced a dividend of $0.13 per share, payable on 2023-10-31, with the ex-dividend date set for 2023-10-13. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's delve into BlackRock Capital Allocation Trust's dividend performance and assess its sustainability.
BlackRock Capital Allocation Trust (NYSE:BCAT – Get Rating) declared a monthly dividend on Thursday, June 1st, Zacks reports. Stockholders of record on Thursday, June 15th will be given a dividend of 0.127 per share on Friday, June 30th. This represents a $1.52 annualized dividend and a dividend yield of 9.86%. The ex-dividend date of this […]
BlackRock Capital Allocation Trust (NYSE:BCAT – Get Rating) declared a monthly dividend on Monday, May 1st, Zacks reports. Stockholders of record on Monday, May 15th will be paid a dividend of 0.127 per share on Wednesday, May 31st. This represents a $1.52 annualized dividend and a dividend yield of 10.17%. The ex-dividend date of this […]