BlackRock Muni Income Investment Trust (NYSE:BBF) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be paid a dividend of 0.0724 per share on Wednesday, November 1st. This represents a $0.87 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, October 13th.

BlackRock Muni Income Investment Trust has decreased its dividend payment by an average of 2.9% per year over the last three years.

Shares of BlackRock Muni Income Investment Trust (NYSE BBF) traded down 0.07% during mid-day trading on Tuesday, reaching $14.62. The company’s stock had a trading volume of 5,122 shares. BlackRock Muni Income Investment Trust has a 12 month low of $13.46 and a 12 month high of $15.44. The company’s 50-day moving average is $14.93 and its 200 day moving average is $14.83.

WARNING: “BlackRock Muni Income Investment Trust (BBF) Plans $0.07 Monthly Dividend” was posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this story can be read at https://www.americanbankingnews.com/2017/10/03/blackrock-muni-income-investment-trust-bbf-plans-0-07-monthly-dividend.html.

BlackRock Muni Income Investment Trust Company Profile

BlackRock Municipal Income Investment Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax and Florida intangible personal property tax. The Trust seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from federal income taxes and Florida intangible personal property tax.

Dividend History for BlackRock Muni Income Investment Trust (NYSE:BBF)

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