BlackRock Municipal Bond Trust (BBK) Plans Monthly Dividend of $0.06
BlackRock Municipal Bond Trust (NYSE:BBK) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0635 per share by the financial services provider on Friday, December 1st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Tuesday, November 14th.
BlackRock Municipal Bond Trust has raised its dividend payment by an average of 7.6% per year over the last three years.
BlackRock Municipal Bond Trust Company Profile
BlackRock Municipal Bond Trust 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 regular federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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