BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0929 per share by the investment management company on Wednesday, July 31st. This represents a $1.11 annualized dividend and a dividend yield of 6.89%. The ex-dividend date is Monday, July 15th.
BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 5.1% annually over the last three years.
BlackRock Taxable Municipal Bond Trust Stock Performance
Shares of NYSE:BBN traded up $0.03 during trading on Tuesday, hitting $16.18. 239,232 shares of the company’s stock were exchanged, compared to its average volume of 210,731. BlackRock Taxable Municipal Bond Trust has a 52-week low of $14.33 and a 52-week high of $17.13. The business’s 50-day simple moving average is $15.87 and its 200 day simple moving average is $16.22.
About BlackRock Taxable Municipal Bond Trust
BlackRock Taxable Municipal Bond 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 taxable municipal securities, which include Build America Bonds.
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