BlackRock Municipal Bond Trust (NYSE:BBK) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Investors of record on Friday, June 14th will be paid a dividend of 0.054 per share by the financial services provider on Monday, July 1st. This represents a $0.65 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Thursday, June 13th.
BlackRock Municipal Bond Trust has decreased its dividend by an average of 2.3% per year over the last three years.
BBK stock traded up $0.05 during trading on Wednesday, hitting $14.75. 6,636 shares of the company traded hands, compared to its average volume of 29,893. BlackRock Municipal Bond Trust has a 1 year low of $13.06 and a 1 year high of $14.94.
BlackRock Municipal Bond Trust Company Profile
BlackRock Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in investment grade municipal bonds which are exempt from regular federal income taxes.
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