Blackrock Maryland Municipal Bond Trust (BZM) Declares $0.05 Monthly Dividend
Blackrock Maryland Municipal Bond Trust (NYSE:BZM) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.0474 per share on Wednesday, November 1st. This represents a $0.57 annualized dividend and a yield of 4.03%. The ex-dividend date is Friday, October 13th.
Blackrock Maryland Municipal Bond Trust has decreased its dividend payment by an average of 7.7% annually over the last three years.
Shares of Blackrock Maryland Municipal Bond Trust (NYSE BZM) traded down 0.21% during trading on Tuesday, hitting $14.10. The company’s stock had a trading volume of 2,305 shares. The company has a 50-day moving average price of $14.30 and a 200-day moving average price of $14.53. Blackrock Maryland Municipal Bond Trust has a one year low of $13.81 and a one year high of $16.99.
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Blackrock Maryland Municipal Bond Trust Company Profile
BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Maryland personal income taxes.
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