Blackrock Strategic Municipal Trust Fund (NYSE:BSD) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 12th will be given a dividend of 0.065 per share by the financial services provider on Friday, December 29th. This represents a $0.78 annualized dividend and a dividend yield of 5.71%. The ex-dividend date is Monday, December 11th.

Blackrock Strategic Municipal Trust Fund has decreased its dividend by an average of 3.0% annually over the last three years.

Shares of Blackrock Strategic Municipal Trust Fund (NYSE:BSD) traded down $0.01 during trading on Monday, reaching $13.66. 43,030 shares of the company were exchanged, compared to its average volume of 15,494. Blackrock Strategic Municipal Trust Fund has a one year low of $13.03 and a one year high of $15.61.

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About Blackrock Strategic Municipal Trust Fund

Blackrock Strategic Municipal Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income that is exempt from regular federal income tax and to invest in municipal bonds that over time will perform better than the broader municipal bond market.

Dividend History for Blackrock Strategic Municipal Trust Fund (NYSE:BSD)

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