Dividend Dates and Distribution Amounts Announced for The BlackRock Broad Investment Grade 2009 Term Trust Inc.
July 03 2006 - 2:05PM
Business Wire
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,"
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"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.
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