BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.057 per share on Tuesday, April 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend is Friday, March 14th.
BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% per year over the last three years.
BlackRock Investment Quality Municipal Trust Stock Down 0.8 %
Shares of BKN stock opened at $11.70 on Wednesday. The business’s fifty day moving average is $11.45 and its 200 day moving average is $12.07. BlackRock Investment Quality Municipal Trust has a twelve month low of $11.01 and a twelve month high of $13.16.
BlackRock Investment Quality Municipal Trust Company Profile
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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