BlackRock Muni Income Investment Trust (NYSE:BBF) dropped 0.4% during trading on Tuesday . The company traded as low as $13.71 and last traded at $13.71, approximately 399 shares changed hands during mid-day trading. A decline of 98% from the average daily volume of 18,698 shares. The stock had previously closed at $13.76.
The business has a 50-day moving average of $13.92 and a 200 day moving average of $14.10.
The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.0505 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date is Friday, December 13th.
About BlackRock Muni Income Investment Trust (NYSE:BBF)
BlackRock Municipal Income Investment Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in investment grade municipal bonds exempt from federal income taxes.
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