BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces $0.06 Monthly Dividend

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Monday, September 16th will be paid a dividend of 0.057 per share on Tuesday, October 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.52%. The ex-dividend date is Monday, September 16th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% annually over the last three years.

BlackRock Investment Quality Municipal Trust Stock Performance

Shares of NYSE BKN remained flat at $12.40 during trading hours on Wednesday. The company had a trading volume of 103,245 shares, compared to its average volume of 42,823. The company has a 50-day moving average price of $12.17 and a two-hundred day moving average price of $12.12. BlackRock Investment Quality Municipal Trust has a 12-month low of $9.57 and a 12-month high of $12.69.

About BlackRock Investment Quality Municipal Trust

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.