BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0986 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Friday, August 14th.
BlackRock Taxable Municipal Bond Trust Trading Down 0.4%
Shares of NYSE BBN opened at $15.88 on Wednesday. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.47 and a twelve month high of $17.45. The business has a 50 day simple moving average of $15.95 and a 200-day simple moving average of $16.09.
About BlackRock Taxable Municipal Bond Trust
The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.
Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.
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