BlackRock Municipal Income Quality Trust (BYM) to Issue Monthly Dividend of $0.06 on November 1st

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.0555 per share on Friday, November 1st. This represents a $0.67 annualized dividend and a yield of 5.56%. The ex-dividend date is Tuesday, October 15th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 8.1% per year over the last three years.

BlackRock Municipal Income Quality Trust Trading Up 0.1 %

BlackRock Municipal Income Quality Trust stock traded up $0.01 during mid-day trading on Friday, hitting $11.98. The company had a trading volume of 52,790 shares, compared to its average volume of 54,907. BlackRock Municipal Income Quality Trust has a 12-month low of $9.30 and a 12-month high of $12.38. The company’s fifty day moving average is $11.97 and its 200-day moving average is $11.55.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.