Press coverage about Blackrock Taxable Municipal Bond Trust (NYSE:BBN) has trended positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackrock Taxable Municipal Bond Trust earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 46.7394192317026 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Blackrock Taxable Municipal Bond Trust (BBN) opened at 23.20 on Friday. The company has a 50 day moving average price of $23.18 and a 200 day moving average price of $22.65. Blackrock Taxable Municipal Bond Trust has a 12-month low of $19.50 and a 12-month high of $25.47.
The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.1318 per share. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date is Friday, August 11th.
ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece can be accessed at https://www.tickerreport.com/banking-finance/2801823/blackrock-taxable-municipal-bond-trust-bbn-earns-daily-news-sentiment-score-of-0-26.html.
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.
Receive News & Ratings for Blackrock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.