News stories about Blackrock Municipal Income Trust (NYSE:BFK) have been trending positive on Sunday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blackrock Municipal Income Trust earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 46.6360096989332 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Blackrock Municipal Income Trust (NYSE BFK) opened at $13.90 on Friday. Blackrock Municipal Income Trust has a 1 year low of $13.42 and a 1 year high of $14.72.
The company also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Tuesday, January 16th will be given a dividend of $0.065 per share. The ex-dividend date is Friday, January 12th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.61%.
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About Blackrock Municipal Income Trust
BlackRock Municipal Income Trust (the Trust) 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.
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