BlackRock Insured Municipal Income Trust Announces Monthly Dividend of $0.06 (BYM)
BlackRock Insured Municipal Income Trust (NYSE:BYM) declared a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, August 15th will be given a dividend of 0.06 per share on Friday, September 1st. This represents a $0.72 annualized dividend and a dividend yield of 5.03%. The ex-dividend date is Friday, August 11th.
BlackRock Insured Municipal Income Trust has decreased its dividend payment by an average of 4.7% per year over the last three years.
BlackRock Insured Municipal Income Trust (BYM) opened at 14.33 on Wednesday. BlackRock Insured Municipal Income Trust has a one year low of $13.50 and a one year high of $15.81. The company has a 50 day moving average of $14.54 and a 200-day moving average of $14.19.
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BlackRock Insured Municipal Income Trust Company Profile
BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust seeks to achieve its investment objective by investing, at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.
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