BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.057 per share on Monday, June 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 6.20%. The ex-dividend date of this dividend is Thursday, May 15th.
BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% annually over the last three years.
BlackRock Investment Quality Municipal Trust Stock Up 0.0%
NYSE BKN opened at $11.03 on Tuesday. The company has a 50-day simple moving average of $11.06 and a 200-day simple moving average of $11.49. BlackRock Investment Quality Municipal Trust has a one year low of $10.22 and a one 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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