Blackrock Municipal Income Trust (BFK) Plans Monthly Dividend of $0.08
Blackrock Municipal Income Trust (NYSE:BFK) announced a monthly dividend on Friday, January 3rd, StockRatingsNetwork reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0751 per share on Monday, February 3rd. This represents a $0.90 annualized dividend and a dividend yield of 6.99%. The ex-dividend date is Monday, January 13th.
Shares of Blackrock Municipal Income Trust (NYSE:BFK) traded up 1.10% on Friday, hitting $12.90. 105,198 shares of the company’s stock traded hands. Blackrock Municipal Income Trust has a one year low of $11.95 and a one year high of $16.53. The stock’s 50-day moving average is $12.3 and its 200-day moving average is $12.75. The company has a market cap of $577.0 million and a price-to-earnings ratio of 6.98.
BlackRock Municipal Income Trust (NYSE:BFK) is a diversified, closed-end management investment company.
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