BlackRock Insured Municipal Income Inves (NYSE:BYM) declared a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Shareholders of record on Monday, April 16th will be paid a dividend of 0.052 per share on Tuesday, May 1st. This represents a $0.62 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Friday, April 13th.
BlackRock Insured Municipal Income Inves has decreased its dividend payment by an average of 10.9% per year over the last three years.
Shares of BYM stock opened at $13.11 on Friday. BlackRock Insured Municipal Income Inves has a 1-year low of $12.95 and a 1-year high of $15.24.
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BlackRock Insured Municipal Income Inves Company Profile
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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