BlackRock Municipal Bond Trust (NYSE:BBK) announced a monthly dividend on Monday, March 5th, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be given a dividend of 0.0635 per share by the financial services provider on Monday, April 2nd. This represents a $0.76 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend is Wednesday, March 14th.
BlackRock Municipal Bond Trust has decreased its dividend payment by an average of 12.9% per year over the last three years.
Shares of BlackRock Municipal Bond Trust (BBK) opened at $14.52 on Tuesday. BlackRock Municipal Bond Trust has a 1 year low of $14.26 and a 1 year high of $16.47.
TRADEMARK VIOLATION WARNING: This piece was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this piece can be read at https://stocknewstimes.com/2018/03/13/blackrock-municipal-bond-trust-bbk-plans-monthly-dividend-of-0-06.html.
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).
Receive News & Ratings for BlackRock Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.