Blackrock Maryland Municipal Bond Trust (NYSEAMERICAN:BZM) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.0474 per share on Thursday, March 1st. This represents a $0.57 annualized dividend and a yield of 4.28%. The ex-dividend date is Wednesday, February 14th.
Blackrock Maryland Municipal Bond Trust (NYSEAMERICAN:BZM) traded down $0.02 during trading hours on Monday, reaching $13.29. 1,603 shares of the company’s stock traded hands, compared to its average volume of 5,025. Blackrock Maryland Municipal Bond Trust has a 52-week low of $13.28 and a 52-week high of $15.90.
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BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. 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) and Maryland personal income taxes.
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