Blackrock Municipal Income Trust (BFK) Declares $0.07 Monthly Dividend
Blackrock Municipal Income Trust (NYSE:BFK) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.065 per share by the investment management company on Friday, December 1st. This represents a $0.78 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Tuesday, November 14th.
Blackrock Municipal Income Trust has decreased its dividend payment by an average of 1.9% per year over the last three years.
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About Blackrock Municipal Income Trust
BlackRock Municipal Income Trust (the 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 federal income taxes.
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