Blackrock Maryland Municipal (NYSEAMERICAN:BZM) declared a monthly dividend on Tuesday, September 4th, NASDAQ reports. Shareholders of record on Friday, September 14th will be given a dividend of 0.047 per share on Monday, October 1st. This represents a $0.56 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Thursday, September 13th.
Blackrock Maryland Municipal has decreased its dividend payment by an average of 10.6% per year over the last three years.
Blackrock Maryland Municipal stock traded up $0.10 during mid-day trading on Friday, hitting $14.30. The company’s stock had a trading volume of 7,065 shares, compared to its average volume of 3,695. Blackrock Maryland Municipal has a twelve month low of $13.02 and a twelve month high of $14.99.
Blackrock Maryland Municipal Company Profile
BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Maryland personal income taxes.
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