Blackrock Strategic Municipal Trust Fund to Issue Monthly Dividend of $0.06 (NYSE:BSD)

Blackrock Strategic Municipal Trust Fund (NYSE:BSD) declared a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.055 per share by the financial services provider on Monday, December 2nd. This represents a $0.66 annualized dividend and a dividend yield of 4.64%. The ex-dividend date is Thursday, November 14th.

Shares of BSD stock traded up $0.01 during midday trading on Wednesday, hitting $14.21. The company had a trading volume of 500 shares, compared to its average volume of 17,225. The company’s 50 day simple moving average is $14.26 and its 200 day simple moving average is $14.05. Blackrock Strategic Municipal Trust Fund has a 52-week low of $11.80 and a 52-week high of $14.98.

About Blackrock Strategic Municipal Trust Fund

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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Dividend History for Blackrock Strategic Municipal Trust Fund (NYSE:BSD)

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