Blackrock Strategic Municipal Trust Fund (NYSE:BSD) declared a monthly dividend on Monday, July 3rd, NASDAQ reports. Investors of record on Friday, July 14th will be paid a dividend of 0.065 per share by the financial services provider on Tuesday, August 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend is Wednesday, July 12th.

Blackrock Strategic Municipal Trust Fund has decreased its dividend payment by an average of 3.0% per year over the last three years.

Shares of Blackrock Strategic Municipal Trust Fund (NYSE BSD) traded up 0.29% on Friday, hitting $13.78. 7,702 shares of the company traded hands. Blackrock Strategic Municipal Trust Fund has a 1-year low of $13.03 and a 1-year high of $15.85. The firm’s 50 day moving average price is $13.81 and its 200-day moving average price is $13.62.

ILLEGAL ACTIVITY WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/07/blackrock-strategic-municipal-trust-fund-declares-monthly-dividend-of-0-07-nysebsd.html.

About Blackrock Strategic Municipal Trust Fund

Blackrock Strategic Municipal Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income that is exempt from regular federal income tax and to invest in municipal bonds that over time will perform better than the broader municipal bond market.

Dividend History for Blackrock Strategic Municipal Trust Fund (NYSE:BSD)

Receive News & Ratings for Blackrock Strategic Municipal Trust Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Strategic Municipal Trust Fund and related companies with MarketBeat.com's FREE daily email newsletter.