BlackRock Taxable Municipal Bond Trust (NYSE:BBN) to Issue Monthly Dividend of $0.10

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be paid a dividend of 0.0986 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Friday, August 14th.

BlackRock Taxable Municipal Bond Trust Stock Performance

NYSE:BBN opened at $15.93 on Wednesday. The stock’s 50 day moving average price is $15.95 and its 200 day moving average price is $16.09. BlackRock Taxable Municipal Bond Trust has a 52 week low of $15.47 and a 52 week high of $17.45.

About BlackRock Taxable Municipal Bond Trust

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The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.

Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.

See Also

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

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