BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) declared a special dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Tuesday, December 12th will be given a dividend of 0.0008 per share on Friday, December 29th. This represents a yield of 5.43%. The ex-dividend date of this dividend is Monday, December 11th.
BlackRock Municipal Income Trust II (BLE) traded up $0.05 during midday trading on Tuesday, hitting $14.36. 84,200 shares of the stock traded hands, compared to its average volume of 42,133. BlackRock Municipal Income Trust II has a 12-month low of $14.08 and a 12-month high of $15.87.
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BlackRock Municipal Income Trust II Company Profile
BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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