BlackRock Municipal Income Quality Trust (NYSE:BYM) Plans Monthly Dividend of $0.06

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0555 per share on Monday, February 3rd. This represents a $0.67 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 8.1% per year over the last three years.

BlackRock Municipal Income Quality Trust Stock Up 0.8 %

Shares of BYM stock traded up $0.09 during mid-day trading on Friday, reaching $11.00. The stock had a trading volume of 67,444 shares, compared to its average volume of 77,522. BlackRock Municipal Income Quality Trust has a 1-year low of $10.65 and a 1-year high of $12.38. The business’s fifty day moving average is $11.33 and its 200-day moving average is $11.63.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality 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 municipal bonds exempt from federal income taxes, including the alternative minimum tax.