Blackrock Investment Quality Municipal Trust to Issue Monthly Dividend of $0.06 (NYSE:BKN)

Blackrock Investment Quality Municipal Trust (NYSE:BKN) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.057 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Friday, November 14th.

Blackrock Investment Quality Municipal Trust Price Performance

Shares of BKN stock opened at $11.19 on Tuesday. The stock’s 50 day simple moving average is $11.21 and its 200 day simple moving average is $10.94. Blackrock Investment Quality Municipal Trust has a twelve month low of $10.22 and a twelve month high of $12.50.

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.