BlackRock Investment Quality Municipal Trust Inc. Plans Monthly Dividend of $0.06 (NYSE:BKN)

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.057 per share on Monday, March 3rd. This represents a $0.68 annualized dividend and a yield of 5.90%. The ex-dividend date is Friday, February 14th.

BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% per year over the last three years.

BlackRock Investment Quality Municipal Trust Trading Up 0.5 %

Shares of BKN traded up $0.06 during trading hours on Tuesday, hitting $11.60. The company had a trading volume of 63,698 shares, compared to its average volume of 67,409. BlackRock Investment Quality Municipal Trust has a one year low of $11.01 and a one year high of $13.16. The company’s fifty day moving average price is $11.55 and its two-hundred day moving average price is $12.14.

BlackRock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.