Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Plans $0.05 Monthly Dividend

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0464 per share on Monday, February 3rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Wednesday, January 15th.

Blackrock Municipal 2030 Target Term Trust has decreased its dividend payment by an average of 4.8% per year over the last three years.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.6 %

Shares of NYSE:BTT traded up $0.13 during mid-day trading on Friday, reaching $20.76. 95,368 shares of the stock were exchanged, compared to its average volume of 95,884. The stock’s 50 day simple moving average is $21.02 and its 200-day simple moving average is $21.15. Blackrock Municipal 2030 Target Term Trust has a one year low of $20.22 and a one year high of $21.83.

Blackrock Municipal 2030 Target Term Trust Company Profile

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.