Blackrock Strategic Municipal Trust Fund (BSD) Declares $0.07 Monthly Dividend
Blackrock Strategic Municipal Trust Fund (NYSE:BSD) announced a monthly dividend on Friday, September 1st, NASDAQ reports. Stockholders of record on Friday, September 15th will be given a dividend of 0.065 per share by the financial services provider on Monday, October 2nd. This represents a $0.78 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend is Thursday, September 14th.
Blackrock Strategic Municipal Trust Fund has decreased its dividend payment by an average of 3.0% per year over the last three years.
Blackrock Strategic Municipal Trust Fund (BSD) traded up 0.13% during midday trading on Friday, hitting $15.22. 16,870 shares of the stock traded hands. The stock has a 50-day moving average of $14.59 and a 200 day moving average of $13.89. Blackrock Strategic Municipal Trust Fund has a 52-week low of $13.03 and a 52-week high of $15.61.
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Blackrock Strategic Municipal Trust Fund Company Profile
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.
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