Blackrock Strategic Municipal Trust Fund (NYSE:BSD) Plans Monthly Dividend of $0.06
Blackrock Strategic Municipal Trust Fund (NYSE:BSD) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.055 per share by the financial services provider on Friday, November 1st. This represents a $0.66 annualized dividend and a yield of 4.58%. The ex-dividend date is Friday, October 11th.
Blackrock Strategic Municipal Trust Fund has decreased its dividend payment by an average of 3.6% per year over the last three years.
BSD opened at $14.40 on Thursday. Blackrock Strategic Municipal Trust Fund has a twelve month low of $11.58 and a twelve month high of $14.98. The company has a fifty day moving average of $14.46 and a 200-day moving average of $13.84.
BlackRock Strategic Municipal Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade quality municipal bonds that are exempt from federal income taxes.
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