BlackRock Inv. Quality Munic. Trust Inc. to Issue Monthly Dividend of $0.06 (BKN)

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BlackRock Inv. Quality Munic. Trust Inc. (NYSE:BKN) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Investors of record on Friday, February 15th will be given a dividend of 0.057 per share on Friday, March 1st. This represents a $0.68 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date is Thursday, February 14th.

BlackRock Inv. Quality Munic. Trust has decreased its dividend payment by an average of 6.3% annually over the last three years.

NYSE:BKN opened at $13.92 on Friday. BlackRock Inv. Quality Munic. Trust has a 52-week low of $12.72 and a 52-week high of $14.45.

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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.

Read More: Book Value Per Share – BVPS

Dividend History for BlackRock Inv. Quality Munic. Trust (NYSE:BKN)

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