BlackRock Municipal Income Trust II (NYSE:BLE) 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 0.065 per share on Wednesday, November 1st. This represents a $0.78 annualized dividend and a yield of 5.09%. The ex-dividend date of this dividend is Friday, October 13th.

BlackRock Municipal Income Trust II has decreased its dividend by an average of 3.7% annually over the last three years.

Shares of BlackRock Municipal Income Trust II (NYSE:BLE) traded up 0.66% during trading on Tuesday, reaching $15.32. 76,920 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $15.42 and a 200 day moving average price of $15.26. BlackRock Municipal Income Trust II has a 12 month low of $13.87 and a 12 month high of $16.07.

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BlackRock Municipal Income Trust II Company Profile

BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. 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).

Dividend History for BlackRock Municipal Income Trust II (NYSE:BLE)

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