Blackrock Strategic Municipal Trust Fund (NYSE:BSD) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.057 per share by the financial services provider on Monday, July 1st. This represents a $0.68 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Thursday, June 13th.
Blackrock Strategic Municipal Trust Fund has decreased its dividend by an average of 3.6% annually over the last three years.
Shares of BSD stock traded up $0.04 during trading hours on Wednesday, hitting $13.64. 3,403 shares of the company were exchanged, compared to its average volume of 17,063. Blackrock Strategic Municipal Trust Fund has a 1 year low of $11.58 and a 1 year high of $13.68.
Blackrock Strategic Municipal Trust Fund Company Profile
BlackRock Strategic Municipal Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade quality municipal bonds that are exempt from federal income taxes.
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