Blackrock Investment Quality Municipal Trust (NYSE:BKN) Plans $0.06 Monthly Dividend

Blackrock Investment Quality Municipal Trust (NYSE:BKN) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.057 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, December 22nd.

Blackrock Investment Quality Municipal Trust Trading Down 0.4%

NYSE:BKN opened at $11.18 on Friday. The company’s 50 day moving average price is $11.24 and its 200-day moving average price is $11.02. Blackrock Investment Quality Municipal Trust has a 52 week low of $10.22 and a 52 week high of $11.83.

About Blackrock Investment Quality Municipal Trust

BlackRock Investment Quality Municipal Trust, Inc (NYSE: BKN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The trust primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. By focusing on high-quality credits, the fund aims to balance income generation with a conservative risk profile suitable for income-oriented investors.

The portfolio strategy emphasizes fundamental credit research and sector diversification across the U.S.