BlackRock Insured Municipal Income Trust (NYSE:BYM) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.06 per share on Thursday, March 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Wednesday, February 14th.
BlackRock Insured Municipal Income Trust has decreased its dividend by an average of 10.9% annually over the last three years.
BlackRock Insured Municipal Income Trust (NYSE:BYM) opened at $13.32 on Tuesday. BlackRock Insured Municipal Income Trust has a one year low of $13.25 and a one year high of $15.24.
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About BlackRock Insured Municipal Income Trust
BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust 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.
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