Blackrock Taxable Municipal Bond Trust (BBN) To Go Ex-Dividend on December 11th
Blackrock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 12th will be paid a dividend of 0.1318 per share by the investment management company on Tuesday, December 19th. This represents a $1.58 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date of this dividend is Monday, December 11th.
Blackrock Taxable Municipal Bond Trust (BBN) opened at $23.29 on Wednesday. Blackrock Taxable Municipal Bond Trust has a fifty-two week low of $21.06 and a fifty-two week high of $23.96.
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Blackrock Taxable Municipal Bond Trust Company Profile
BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.
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