BlackRock Municipal Bond Trust (BBK) to Issue Monthly Dividend of $0.06 on March 1st

BlackRock Municipal Bond Trust (NYSE:BBK) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.0635 per share by the financial services provider on Thursday, March 1st. This represents a $0.76 annualized dividend and a dividend yield of 5.28%. The ex-dividend date of this dividend is Wednesday, February 14th.

BlackRock Municipal Bond Trust has decreased its dividend payment by an average of 12.9% annually over the last three years.

Shares of BlackRock Municipal Bond Trust (NYSE BBK) opened at $14.44 on Tuesday. BlackRock Municipal Bond Trust has a 12-month low of $14.26 and a 12-month high of $16.47.

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BlackRock Municipal Bond Trust Company Profile

BlackRock Municipal Bond 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 regular federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

Dividend History for BlackRock Municipal Bond Trust (NYSE:BBK)

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