BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Announces $0.09 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0929 per share by the investment management company on Friday, February 28th. This represents a $1.11 annualized dividend and a dividend yield of 6.76%. The ex-dividend date is Friday, February 14th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 5.8% per year over the last three years.

BlackRock Taxable Municipal Bond Trust Price Performance

BBN traded up $0.02 during mid-day trading on Tuesday, reaching $16.50. 161,393 shares of the company traded hands, compared to its average volume of 150,036. The company’s fifty day moving average price is $16.42 and its 200-day moving average price is $16.95. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.39 and a 52-week high of $18.42.

BlackRock Taxable Municipal Bond Trust Company Profile

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BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.

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Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

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