BlackRock Investment Quality Municipal Trust Inc. (BKN) To Go Ex-Dividend on December 16th

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be given a dividend of 0.057 per share on Tuesday, December 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Monday, December 16th.

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

BlackRock Investment Quality Municipal Trust Stock Down 1.1 %

Shares of NYSE:BKN traded down $0.13 during trading hours on Friday, hitting $11.93. 70,172 shares of the company’s stock traded hands, compared to its average volume of 46,822. The business has a fifty day moving average price of $12.38 and a 200-day moving average price of $12.30. BlackRock Investment Quality Municipal Trust has a 1 year low of $11.32 and a 1 year high of $13.16.

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.