BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) 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 0.065 per share on Thursday, March 1st. This represents a $0.78 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend is Wednesday, February 14th.
BlackRock Municipal Income Trust II (NYSEAMERICAN BLE) traded down $0.08 during trading on Monday, reaching $13.52. The company’s stock had a trading volume of 101,115 shares, compared to its average volume of 73,205. BlackRock Municipal Income Trust II has a 1 year low of $13.50 and a 1 year high of $15.87.
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About BlackRock Municipal Income Trust II
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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