BlackRock Muni Income Investment Trust Plans Monthly Dividend of $0.07 (BBF)
BlackRock Muni Income Investment Trust (NYSE:BBF) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 12th will be paid a dividend of 0.0665 per share on Friday, December 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend is Monday, December 11th.
BlackRock Muni Income Investment Trust has decreased its dividend payment by an average of 2.9% annually over the last three years.
Shares of BlackRock Muni Income Investment Trust (NYSE BBF) traded down $0.10 during midday trading on Monday, hitting $14.58. The stock had a trading volume of 46,328 shares, compared to its average volume of 20,909. BlackRock Muni Income Investment Trust has a 12-month low of $13.53 and a 12-month high of $15.80.
WARNING: “BlackRock Muni Income Investment Trust Plans Monthly Dividend of $0.07 (BBF)” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/04/blackrock-muni-income-investment-trust-plans-monthly-dividend-of-0-07-bbf.html.
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.
Receive News & Ratings for BlackRock Muni Income Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Muni Income Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.