BlackRock Insured Municipal Income Inves Announces Monthly Dividend of $0.07 (BAF)
BlackRock Insured Municipal Income Inves (NYSE:BAF) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Investors of record on Monday, October 16th will be given a dividend of 0.0685 per share on Wednesday, November 1st. This represents a $0.82 annualized dividend and a dividend yield of 5.39%. The ex-dividend date is Friday, October 13th.
Shares of BlackRock Insured Municipal Income Inves (BAF) traded up 0.20% on Tuesday, reaching $15.25. 17,256 shares of the company were exchanged. BlackRock Insured Municipal Income Inves has a 52-week low of $13.68 and a 52-week high of $15.70. The stock has a 50 day moving average of $15.17 and a 200-day moving average of $14.88.
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BlackRock Insured Municipal Income Inves Company Profile
BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It seeks to achieve its investment objective by investing at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.
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