Blackrock Strategic Municipal Trust Fund (BSD) Declares Monthly Dividend of $0.07

Blackrock Strategic Municipal Trust Fund (NYSE:BSD) announced 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 by the financial services provider on Thursday, February 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.65%. The ex-dividend date is Friday, January 12th.

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

Blackrock Strategic Municipal Trust Fund (NYSE BSD) traded up $0.07 during trading on Wednesday, hitting $13.80. 12,213 shares of the company traded hands, compared to its average volume of 20,550. Blackrock Strategic Municipal Trust Fund has a 1-year low of $13.03 and a 1-year high of $15.61.

TRADEMARK VIOLATION WARNING: “Blackrock Strategic Municipal Trust Fund (BSD) Declares Monthly Dividend of $0.07” was first reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/03/blackrock-strategic-municipal-trust-fund-bsd-declares-monthly-dividend-of-0-07.html.

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)

Receive News & Ratings for Blackrock Strategic Municipal Trust Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Strategic Municipal Trust Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply