BlackRock Insured Municipal Income Inves (NYSE:BAF) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.0685 per share on Wednesday, November 1st. This represents a $0.82 annualized dividend and a yield of 5.40%. The ex-dividend date is Friday, October 13th.
BlackRock Insured Municipal Income Inves (BAF) opened at 15.23 on Friday. BlackRock Insured Municipal Income Inves has a 1-year low of $13.68 and a 1-year high of $15.52. The firm’s 50-day moving average price is $15.21 and its 200 day moving average price is $14.90.
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BlackRock Insured Municipal Income Inves Company Profile
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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