BlackRock Municipal Bond Trust (BBK) Announces $0.08 Monthly Dividend
BlackRock Municipal Bond Trust (NYSE:BBK) announced a monthly dividend on Tuesday, October 4th. Investors of record on Friday, October 14th will be given a dividend of 0.075 per share on Tuesday, November 1st. This represents a $0.90 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend is Wednesday, October 12th.
BlackRock Municipal Bond Trust (NYSE:BBK) traded down 1.2749% during mid-day trading on Tuesday, hitting $17.6718. 21,056 shares of the company traded hands. BlackRock Municipal Bond Trust has a one year low of $15.09 and a one year high of $18.55. The company’s 50-day moving average price is $18.08 and its 200 day moving average price is $17.73.
About BlackRock Municipal Bond Trust
BlackRock Municipal Bond Trust, incorporated on February 15,2002, is a perpetual closed-end municipal bond fund. The investment objective is to provide current income exempt from regular Federal income taxes. Under normal market conditions, the Trust will invest at least 80% of its total assets in municipal bonds that are investment grade quality, or determined by the Adviser to be of equivalent credit quality at time of purchase.
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