Blackrock Municipal Income Trust Plans Monthly Dividend of $0.07 (BFK)
Blackrock Municipal Income Trust (NYSE:BFK) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.065 per share by the investment management company on Thursday, March 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.89%. The ex-dividend date is Wednesday, February 14th.
Blackrock Municipal Income Trust has decreased its dividend by an average of 10.0% per year over the last three years.
Blackrock Municipal Income Trust (NYSE BFK) traded down $0.09 during mid-day trading on Monday, hitting $13.24. 185,275 shares of the stock traded hands, compared to its average volume of 138,357. Blackrock Municipal Income Trust has a 12-month low of $13.15 and a 12-month high of $14.72.
TRADEMARK VIOLATION WARNING: “Blackrock Municipal Income Trust Plans Monthly Dividend of $0.07 (BFK)” was originally reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://theolympiareport.com/2018/02/05/blackrock-municipal-income-trust-plans-monthly-dividend-of-0-07-bfk.html.
BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes.
Receive News & Ratings for Blackrock Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.