BlackRock Municipal Bond Trust (NYSE:BBK) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.0635 per share by the financial services provider on Friday, March 1st. This represents a $0.76 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Thursday, February 14th.
BlackRock Municipal Bond Trust has decreased its dividend by an average of 2.3% annually over the last three years.
NYSE BBK opened at $14.01 on Friday. BlackRock Municipal Bond Trust has a 52 week low of $13.06 and a 52 week high of $14.58.
About BlackRock Municipal Bond Trust
BlackRock Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in investment grade municipal bonds which are exempt from regular federal income taxes.
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