Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0938 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, July 15th.
Blackrock 2037 Municipal Target Term Trust Stock Up 0.2%
Shares of NYSE BMN opened at $25.57 on Monday. The business has a 50-day moving average of $25.72 and a two-hundred day moving average of $26.14. Blackrock 2037 Municipal Target Term Trust has a 1 year low of $23.96 and a 1 year high of $27.96.
About Blackrock 2037 Municipal Target Term Trust
BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) is a closed-end management investment company sponsored by BlackRock, Inc, one of the world’s largest asset managers. The trust was established to provide investors with exposure to a diversified portfolio of U.S. municipal securities and seeks to deliver federally tax-exempt income. As a target-term fund, BMN has a predetermined termination date of January 23, 2037, at which time the trust’s assets will be liquidated and net proceeds distributed to shareholders.
The fund’s investment objective is current income exempt from regular U.S.
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