BlackRock Muni Income Investment Trust (NYSE:BBF) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.0665 per share on Monday, July 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Thursday, June 14th.
BlackRock Muni Income Investment Trust has decreased its dividend payment by an average of 6.2% per year over the last three years.
Shares of BBF opened at $13.15 on Tuesday. BlackRock Muni Income Investment Trust has a twelve month low of $12.75 and a twelve month high of $15.80.
BlackRock Muni Income Investment Trust Company Profile
BlackRock Municipal Income Investment Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax and Florida intangible personal property tax. The Trust seeks to achieve its investment objective by investing at least 80% of its assets in municipal bonds exempt from federal income taxes and Florida intangible personal property tax.
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