BlackRock Municipal Bond Trust (NYSE:BBK) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.0635 per share by the financial services provider on Friday, December 1st. This represents a $0.76 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Tuesday, November 14th.
BlackRock Municipal Bond Trust has raised its dividend payment by an average of 7.6% annually over the last three years.
BlackRock Municipal Bond Trust (NYSE:BBK) opened at $15.09 on Monday. BlackRock Municipal Bond Trust has a 52 week low of $14.50 and a 52 week high of $16.47.
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BlackRock Municipal Bond Trust Company Profile
BlackRock Municipal Bond Trust is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from regular federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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