BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.057 per share on Tuesday, September 3rd. This represents a $0.68 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Thursday, August 15th.
BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% per year over the last three years.
BlackRock Investment Quality Municipal Trust Stock Performance
Shares of BlackRock Investment Quality Municipal Trust stock opened at $12.26 on Tuesday. The stock’s fifty day moving average price is $12.02 and its 200-day moving average price is $12.05. BlackRock Investment Quality Municipal Trust has a 12 month low of $9.57 and a 12 month high of $12.69.
BlackRock Investment Quality Municipal Trust Company Profile
BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.
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