BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.054 per share on Tuesday, December 31st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date is Monday, December 16th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 15.5% per year over the last three years.
BlackRock Municipal Income Trust II Stock Performance
NYSEAMERICAN:BLE traded down $0.17 during midday trading on Friday, hitting $10.80. 211,120 shares of the company traded hands, compared to its average volume of 96,564. BlackRock Municipal Income Trust II has a 12-month low of $10.27 and a 12-month high of $11.41.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.
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