BlackRock Insured Municipal Income Trust (BYM) Declares $0.06 Monthly Dividend

BlackRock Insured Municipal Income Trust (NYSE:BYM) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.06 per share on Friday, December 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date of this dividend is Tuesday, November 14th.

BlackRock Insured Municipal Income Trust has decreased its dividend by an average of 4.7% per year over the last three years.

Shares of BlackRock Insured Municipal Income Trust (NYSE:BYM) opened at $14.26 on Friday. BlackRock Insured Municipal Income Trust has a 12 month low of $13.50 and a 12 month high of $15.24.

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BlackRock Insured Municipal Income Trust Company Profile

BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust seeks to achieve its investment objective by investing, at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.

Dividend History for BlackRock Insured Municipal Income Trust (NYSE:BYM)

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