BlackRock Muni Income Investment Trust (BBF) to Issue Monthly Dividend of $0.07
BlackRock Muni Income Investment Trust (NYSE:BBF) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.0724 per share on Friday, December 1st. This represents a $0.87 annualized dividend and a yield of 5.89%. The ex-dividend date is Tuesday, November 14th.
BlackRock Muni Income Investment Trust has decreased its dividend payment by an average of 2.9% annually over the last three years.
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.
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