BlackRock Muni Income Investment Trust (NYSE:BBF) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.058 per share on Monday, July 1st. This represents a $0.70 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date of this dividend is Thursday, June 13th.
BlackRock Muni Income Investment Trust has decreased its dividend payment by an average of 1.6% per year over the last three years.
NYSE BBF traded down $0.09 during trading on Wednesday, reaching $14.23. The company’s stock had a trading volume of 693 shares, compared to its average volume of 23,083. BlackRock Muni Income Investment Trust has a 12 month low of $11.80 and a 12 month high of $14.39.
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BlackRock Muni Income Investment Trust Company Profile
BlackRock Municipal Income Investment Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in investment grade municipal bonds exempt from federal income taxes.
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