Somewhat Positive News Coverage Somewhat Unlikely to Impact BlackRock Municipal Income Trust II (BLE) Share Price

Media coverage about BlackRock Municipal Income Trust II (NYSE:BLE) has been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Municipal Income Trust II earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.2557373046227 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

BlackRock Municipal Income Trust II (NYSE:BLE) traded up 0.13% during mid-day trading on Friday, reaching $15.50. 15,026 shares of the company’s stock traded hands. The stock has a 50 day moving average of $15.51 and a 200 day moving average of $15.19. BlackRock Municipal Income Trust II has a 12-month low of $13.87 and a 12-month high of $16.29.

The firm also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a dividend of $0.0735 per share. This represents a $0.88 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date is Thursday, September 14th.

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About BlackRock Municipal Income Trust II

BlackRock Municipal Income Trust II 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 federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

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