Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) to Issue $0.09 Monthly Dividend

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0938 per share on Monday, February 3rd. This represents a $1.13 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Wednesday, January 15th.

Blackrock 2037 Municipal Target Term Trust Trading Up 0.0 %

BMN traded up $0.01 during trading on Friday, hitting $25.56. The company had a trading volume of 14,405 shares, compared to its average volume of 14,452. Blackrock 2037 Municipal Target Term Trust has a one year low of $23.43 and a one year high of $26.14. The firm’s 50-day moving average price is $25.30 and its 200 day moving average price is $25.06.

About Blackrock 2037 Municipal Target Term Trust

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.