BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Plans $0.10 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0986 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Taxable Municipal Bond Trust Stock Down 0.3%

Shares of NYSE:BBN opened at $15.23 on Friday. The stock’s 50 day moving average is $15.81 and its 200-day moving average is $15.99. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.21 and a twelve month high of $17.45.

BlackRock Taxable Municipal Bond Trust Company Profile

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The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.

Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.

Further Reading

Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

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