BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Plans $0.09 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0929 per share by the investment management company on Friday, November 29th. This represents a $1.11 annualized dividend and a dividend yield of 6.82%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend payment by an average of 5.1% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Stock Performance

Shares of BlackRock Taxable Municipal Bond Trust stock traded down $0.20 on Wednesday, reaching $16.34. 143,224 shares of the company were exchanged, compared to its average volume of 239,361. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.37 and a 1-year high of $18.42. The stock’s 50 day moving average price is $17.37 and its 200-day moving average price is $16.78.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.