BlackRock Municipal Income Investment Quality Trust Plans Monthly Dividend of $0.07 (BAF)

BlackRock Municipal Income Investment Quality Trust (NYSE:BAF) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Tuesday, December 12th will be given a dividend of 0.0685 per share on Friday, December 29th. This represents a $0.82 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date is Monday, December 11th.

BlackRock Municipal Income Investment Quality Trust (NYSE:BAF) traded down $0.01 during mid-day trading on Wednesday, reaching $15.11. 24,300 shares of the company were exchanged, compared to its average volume of 21,271. BlackRock Municipal Income Investment Quality Trust has a 12 month low of $13.90 and a 12 month high of $15.58.

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About BlackRock Municipal Income Investment Quality Trust

BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It seeks to achieve its investment objective by investing at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.

Dividend History for BlackRock Municipal Income Investment Quality Trust (NYSE:BAF)

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