Blackrock Municipal Income Trust (BFK) Receiving Positive Media Coverage, Report Finds
News stories about Blackrock Municipal Income Trust (NYSE:BFK) have been trending positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Municipal Income Trust earned a news impact score of 0.40 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 46.8537726101901 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Blackrock Municipal Income Trust (NYSE BFK) traded down $0.08 during trading on Thursday, reaching $14.12. 136,300 shares of the company’s stock were exchanged, compared to its average volume of 99,314. Blackrock Municipal Income Trust has a 12-month low of $13.42 and a 12-month high of $14.72.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Tuesday, January 16th will be paid a dividend of $0.065 per share. The ex-dividend date is Friday, January 12th. This represents a $0.78 dividend on an annualized basis and a yield of 5.52%.
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.
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