BlackRock Municipal Income Trust II (NYSE:BLE) 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 0.0735 per share on Monday, October 2nd. This represents a $0.88 annualized dividend and a dividend yield of 5.69%. The ex-dividend date of this dividend is Thursday, September 14th.

BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 3.7% per year over the last three years.

Shares of BlackRock Municipal Income Trust II (BLE) traded up 0.297% during mid-day trading on Wednesday, hitting $15.547. The stock had a trading volume of 14,398 shares. The stock’s 50-day moving average price is $15.50 and its 200-day moving average price is $15.17. BlackRock Municipal Income Trust II has a 12-month low of $13.87 and a 12-month high of $16.29.

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BlackRock Municipal Income Trust II Company Profile

BlackRock Municipal Income Trust II 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 (except that the interest may be subject to the federal alternative minimum tax).

Dividend History for BlackRock Municipal Income Trust II (NYSE:BLE)

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