BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.057 per share on Monday, March 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date is Friday, February 14th.
BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% per year over the last three years.
BlackRock Investment Quality Municipal Trust Trading Down 0.2 %
BKN opened at $11.75 on Wednesday. BlackRock Investment Quality Municipal Trust has a fifty-two week low of $11.01 and a fifty-two week high of $13.16. The firm’s fifty day moving average price is $11.49 and its two-hundred day moving average price is $12.13.
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.
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