BlackRock Municipal Income Trust II (NYSE:BLE) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.065 per share on Friday, December 1st. This represents a $0.78 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date is Tuesday, November 14th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 3.7% per year over the last three years.
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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