Blackrock Municipal 2030 Targt Term Trst Declares Monthly Dividend of $0.07 (BTT)
Blackrock Municipal 2030 Targt Term Trst (NYSE:BTT) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0718 per share on Friday, December 1st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Tuesday, November 14th.
Blackrock Municipal 2030 Targt Term Trst has decreased its dividend by an average of 5.9% per year over the last three years.
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BlackRock Municipal 2030 Target Term Trust, formerly BlackRock Municipal Target Term Trust, is a closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030.
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