BlackRock Municipal Bond Trust (NYSE:BBK) announced a special dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Tuesday, December 12th will be paid a dividend of 0.0044 per share by the financial services provider on Friday, December 29th. This represents a dividend yield of 5.06%. The ex-dividend date is Monday, December 11th.

BlackRock Municipal Bond Trust has increased its dividend payment by an average of 7.6% per year over the last three years.

Shares of BlackRock Municipal Bond Trust (BBK) remained flat at $$15.07 during midday trading on Monday. The company’s stock had a trading volume of 28,186 shares, compared to its average volume of 22,272. BlackRock Municipal Bond Trust has a one year low of $14.50 and a one year high of $16.47.

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About BlackRock Municipal Bond Trust

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).

Dividend History for BlackRock Municipal Bond Trust (NYSE:BBK)

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