BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.058 per share on Monday, June 3rd. This represents a $0.70 annualized dividend and a dividend yield of 4.91%. The ex-dividend date of this dividend is Tuesday, May 14th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 5.3% per year over the last three years.
NYSEAMERICAN BLE opened at $14.17 on Monday. BlackRock Municipal Income Trust II has a 1 year low of $12.34 and a 1 year high of $14.55.
BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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