Media stories about Blackrock Taxable Municipal Bond Trust (NYSE:BBN) have been trending positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blackrock Taxable Municipal Bond Trust earned a news impact score of 0.29 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 46.3851773887089 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Blackrock Taxable Municipal Bond Trust (BBN) traded up $0.11 on Friday, reaching $23.38. The company had a trading volume of 38,385 shares.
The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.1318 per share. This represents a $1.58 annualized dividend and a dividend yield of 6.76%. The ex-dividend date of this dividend is Tuesday, November 14th.
About Blackrock Taxable Municipal Bond Trust
BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.
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