Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be given a dividend of $0.0993 per share on Tuesday, December 1st. This represents a $1.19 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Friday, November 13th.
Blackrock 2037 Municipal Target Term Trust Price Performance
Shares of NYSE:BMN opened at $23.42 on Wednesday. Blackrock 2037 Municipal Target Term Trust has a fifty-two week low of $21.28 and a fifty-two week high of $27.96. The business has a 50-day simple moving average of $23.22 and a two-hundred day simple moving average of $25.30.
Blackrock 2037 Municipal Target Term Trust Company Profile
BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) is a closed-end management investment company advised by BlackRock Advisors, LLC. It seeks to provide current income that is exempt from regular U.S. federal income tax, consistent with its investment objectives and policies. The trust invests primarily in municipal bonds issued by U.S. states and local governments and their agencies. These bonds help fund public projects and services, and their interest may receive favorable federal tax treatment.
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