BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0986 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Wednesday, July 15th.
BlackRock Taxable Municipal Bond Trust Stock Performance
Shares of BlackRock Taxable Municipal Bond Trust stock opened at $15.98 on Monday. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.47 and a 52-week high of $17.45. The stock’s 50-day simple moving average is $15.98 and its 200 day simple moving average is $16.18.
About BlackRock Taxable Municipal Bond Trust
The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.
Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.
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