Blackrock Broad (AMEX:BCT)
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The Board of Directors of 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 August, September and
October 2007. Details are as follows:
August:
Rate - $0.075000
Declaration - 7/02/07
Ex-Date - 8/13/07
Record Date - 8/15/07
Payable Date - 8/31/07
September:
Rate - $0.075000
Declaration - 7/02/07
Ex-Date - 9/12/07
Record Date - 9/14/07
Payable Date - 9/28/07
October:
Rate - $0.075000
Declaration - 7/02/07
Ex-Date - 10/11/07
Record Date - 10/15/07
Payable Date - 10/31/07
About BlackRock
BlackRock is one of the world’s largest
publicly traded investment management firms. As of March 31, 2007, the
assets under management of BlackRock were approximately $1.154 trillion.
The firm manages assets on behalf of institutions and individuals
worldwide through a variety of equity, fixed income, cash management and
alternative investment products. In addition, a growing number of
institutional investors use BlackRock Solutions®
investment system, risk management and financial advisory services.
Headquartered in New York City, the firm has approximately 5,000
employees in 18 countries and a major presence in key global markets,
including the U.S., Europe, Asia, Australia and the Middle East. 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 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.
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 SEC reports
and those identified elsewhere in this communication, 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 investment products, including its
separately managed accounts and the former Merrill Lynch Investment
Managers (MLIM) business; (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,
Merrill Lynch & Co., Inc. and The PNC Financial Services Group, Inc.;
(11) terrorist activities and international hostilities, which may
adversely affect the general economy, domestic and local 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; (15)
BlackRock's ability to successfully integrate the MLIM business with its
existing business; (16) the ability of BlackRock to effectively manage
the former MLIM assets along with its historical assets under
management; and (17) BlackRock's success in maintaining the distribution
of its products.
BlackRock's Annual Reports on Form 10-K and BlackRock's subsequent
filings 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. The information contained on
our website is not a part of this press release.