Blackrock Maryland Municipal Bond Trust Declares Monthly Dividend of $0.05 (BZM)
Blackrock Maryland Municipal Bond Trust (NYSE:BZM) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0474 per share on Friday, December 1st. This represents a $0.57 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Tuesday, November 14th.
Blackrock Maryland Municipal Bond Trust has decreased its dividend payment by an average of 7.7% per year over the last three years.
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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