BlackRock Municipal Income Quality Trust (NYSE:BYM) Announces $0.05 Monthly Dividend

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.052 per share on Monday, June 3rd. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.65%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Municipal Income Quality Trust Stock Performance

Shares of BlackRock Municipal Income Quality Trust stock traded up $0.08 during trading hours on Friday, reaching $11.05. The company’s stock had a trading volume of 66,485 shares, compared to its average volume of 58,175. The firm has a 50 day moving average price of $11.33 and a 200-day moving average price of $11.00. BlackRock Municipal Income Quality Trust has a one year low of $9.30 and a one year high of $11.65.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality 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 municipal bonds exempt from federal income taxes, including the alternative minimum tax.