BlackRock Municipal Bond Trust (BBK) To Go Ex-Dividend on September 14th
BlackRock Municipal Bond Trust (NYSE:BBK) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Friday, September 15th will be paid a dividend of 0.0635 per share by the financial services provider on Monday, October 2nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date of this dividend is Thursday, September 14th.
BlackRock Municipal Bond Trust has raised its dividend payment by an average of 7.6% per year over the last three years.
Shares of BlackRock Municipal Bond Trust (BBK) traded up 0.4079% during midday trading on Friday, hitting $16.0753. The company had a trading volume of 5,189 shares. The company’s 50-day moving average price is $15.91 and its 200 day moving average price is $15.42. BlackRock Municipal Bond Trust has a 12-month low of $14.50 and a 12-month high of $18.24.
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BlackRock Municipal Bond Trust Company Profile
BlackRock Municipal Bond 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 regular federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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