Blackrock Municipal Income Trust Declares Monthly Dividend of $0.07 (BFK)
Blackrock Municipal Income Trust (NYSE:BFK) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.065 per share by the investment management company on Monday, October 2nd. This represents a $0.78 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date is Thursday, September 14th.
Blackrock Municipal Income Trust has decreased its dividend payment by an average of 1.9% annually over the last three years.
Blackrock Municipal Income Trust (NYSE BFK) traded up 0.21% during midday trading on Wednesday, reaching $14.62. The company’s stock had a trading volume of 10,186 shares. The stock’s 50-day moving average price is $14.44 and its 200 day moving average price is $14.18. Blackrock Municipal Income Trust has a 1-year low of $13.42 and a 1-year high of $15.88.
Blackrock Municipal Income Trust Company Profile
BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes.
Receive News & Stock Ratings for Blackrock Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Municipal Income Trust and related stocks with our FREE daily email newsletter.