Blackrock Broad (AMEX:BCT)
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The Board of Directors of The BlackRock Broad Investment
Grade 2009 Term Trust Inc. (AMEX: BCT) announced today upcoming
dividend dates and distribution rates for the Trust.
Early Declaration of Normal Monthly Dividends
The Trust declared normal monthly dividends for July, August,
September and October 2006. Details are as follows:
-0-
*T
July:
Rate - $0.07500
Declaration - 7/03/06 Ex-Date - 7/12/06
Record Date - 7/14/06 Payable Date - 7/31/06
August:
Rate - $0.07500
Declaration - 7/03/06 Ex-Date - 8/11/06
Record Date - 8/15/06 Payable Date - 8/31/06
September:
Rate - $0.07500
Declaration - 7/03/06 Ex-Date - 9/13/06
Record Date - 9/15/06 Payable Date - 9/29/06
October:
Rate - $0.7500
Declaration - 7/03/06 Ex-Date - 10/12/06
Record Date - 10/16/06 Payable Date - 10/31/06
*T
Early Declaration of Special Income Distribution
-0-
*T
Rate - $0.540974
Declaration - 7/3/2006 Ex-Date - 10/12/06
Record Date - 10/16/06 Payable Date - 10/31/06
*T
About BlackRock
BlackRock is one of the largest publicly traded investment
management firms in the United States with approximately $463.1
billion of assets under management at March 31, 2006. BlackRock
manages assets on behalf of institutional and individual investors
worldwide through a variety of equity, fixed income, cash management
and alternative investment products. In addition, BlackRock provides
risk management, investment system outsourcing and financial advisory
services to a growing number of institutional investors. Headquartered
in New York City, the firm serves clients from offices in the U.S.,
Europe and Asia. BlackRock is majority owned by The PNC Financial
Services Group, Inc. and by BlackRock employees. For additional
information, please visit the Company's website at www.blackrock.com.
Forward-Looking Statements
This press release, and other statements that BlackRock may make,
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act, with respect to BlackRock's
future financial or business performance, strategies or expectations.
Forward-looking statements are typically identified by words or
phrases such as "trend," "potential," "opportunity," "pipeline,"
"believe," "comfortable," "expect," "anticipate," "current,"
"intention," "estimate," "position," "assume," "outlook," "continue,"
"remain," "maintain," "sustain," "seek," "achieve," and similar
expressions, or future or conditional verbs such as "will," "would,"
"should," "could," "may" or similar expressions. The information
contained on our website is not a part of this press release.
BlackRock cautions that forward-looking statements are subject to
numerous assumptions, risks and uncertainties, which change over time.
Forward-looking statements speak only as of the date they are made,
and BlackRock assumes no duty to and does not undertake to update
forward-looking statements. Actual results could differ materially
from those anticipated in forward-looking statements and future
results could differ materially from historical performance.
In addition to factors previously disclosed in BlackRock's
Securities and Exchange Commission (SEC) reports and those identified
elsewhere in this press release, the following factors, among others,
could cause actual results to differ materially from forward-looking
statements or historical performance: (1) the introduction,
withdrawal, success and timing of business initiatives and strategies;
(2) changes in political, economic or industry conditions, the
interest rate environment or financial and capital markets, which
could result in changes in demand for products or services or in the
value of assets under management; (3) the relative and absolute
investment performance of BlackRock's advised or sponsored investment
products and separately managed accounts; (4) the impact of increased
competition; (5) the impact of capital improvement projects; (6) the
impact of future acquisitions or divestitures; (7) the unfavorable
resolution of legal proceedings; (8) the extent and timing of any
share repurchases; (9) the impact, extent and timing of technological
changes and the adequacy of intellectual property protection; (10) the
impact of legislative and regulatory actions and reforms and
regulatory, supervisory or enforcement actions of government agencies
relating to BlackRock or PNC; (11) terrorist activities and
international hostilities, which may adversely affect the general
economy, financial and capital markets, specific industries, and
BlackRock; (12) the ability to attract and retain highly talented
professionals; (13) fluctuations in foreign currency exchange rates,
which may adversely affect the value of advisory fees earned by
BlackRock; (14) the impact of changes to tax legislation and,
generally, the tax position of the Company; and (15) the ability of
BlackRock to complete its previously announced transaction with
Merrill Lynch & Co., Inc. and to realize the benefits of such
transaction.
BlackRock's Annual Report on Form 10-K for the year ended December
31, 2005 and BlackRock's subsequent reports filed with the SEC,
accessible on the SEC's website at http://www.sec.gov and on
BlackRock's website at http://www.blackrock.com, discuss these factors
in more detail and identify additional factors that can affect
forward-looking statements.