BlackRock Inv. Quality Munic. Trust Inc. (NYSE:BKN) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Stockholders of record on Thursday, December 13th will be given a dividend of 0.057 per share on Monday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Wednesday, December 12th.
BlackRock Inv. Quality Munic. Trust has decreased its dividend payment by an average of 6.5% annually over the last three years.
Shares of BlackRock Inv. Quality Munic. Trust stock traded up $0.25 on Tuesday, hitting $13.72. 67,072 shares of the company traded hands, compared to its average volume of 42,266. BlackRock Inv. Quality Munic. Trust has a 12-month low of $12.72 and a 12-month high of $15.04.
About BlackRock Inv. Quality Munic. Trust
BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.
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