BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Tuesday, January 16th will be given a dividend of 0.065 per share on Thursday, February 1st. This represents a $0.78 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Friday, January 12th.
BlackRock Municipal Income Trust II (BLE) traded up $0.07 during trading hours on Wednesday, reaching $14.45. The company had a trading volume of 30,235 shares, compared to its average volume of 35,768. BlackRock Municipal Income Trust II has a twelve month low of $14.13 and a twelve month high of $15.87.
BlackRock Municipal Income Trust II Company Profile
BlackRock Municipal Income Trust II 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 (except that the interest may be subject to the federal alternative minimum tax).
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