BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.057 per share on Monday, March 3rd. This represents a $0.68 annualized dividend and a yield of 5.90%. The ex-dividend date is Friday, February 14th.
BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 5.7% per year over the last three years.
BlackRock Investment Quality Municipal Trust Stock Performance
Shares of BKN traded up $0.06 during mid-day trading on Tuesday, hitting $11.60. 63,698 shares of the company traded hands, compared to its average volume of 67,409. The business has a 50 day moving average of $11.55 and a 200 day moving average of $12.14. BlackRock Investment Quality Municipal Trust has a 1-year low of $11.01 and a 1-year high of $13.16.
About BlackRock Investment Quality Municipal Trust
BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.
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