BlackRock Insured Municipal Income Inves (NYSE:BAF) declared a monthly dividend on Tuesday, September 4th, NASDAQ reports. Shareholders of record on Friday, September 14th will be given a dividend of 0.058 per share on Monday, October 1st. This represents a $0.70 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Thursday, September 13th.
BlackRock Insured Municipal Income Inves has decreased its dividend by an average of 5.9% per year over the last three years.
BlackRock Insured Municipal Income Inves stock traded down $0.07 on Friday, reaching $13.48. The company’s stock had a trading volume of 21,829 shares, compared to its average volume of 21,039. BlackRock Insured Municipal Income Inves has a twelve month low of $13.32 and a twelve month high of $15.58.
About BlackRock Insured Municipal Income Inves
BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It 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.
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