BlackRock Insured Municipal Income Inves (NYSE:BAF) Announces Monthly Dividend of $0.06
BlackRock Insured Municipal Income Inves (NYSE:BAF) announced a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.058 per share on Monday, July 1st. This represents a $0.70 dividend on an annualized basis and a yield of 4.82%. The ex-dividend date of this dividend is Thursday, June 13th.
BlackRock Insured Municipal Income Inves has raised its dividend by an average of 0.4% per year over the last three years.
BlackRock Insured Municipal Income Inves stock traded down $0.07 during mid-day trading on Wednesday, reaching $14.45. 2,262 shares of the company were exchanged, compared to its average volume of 24,295. BlackRock Insured Municipal Income Inves has a twelve month low of $12.44 and a twelve month high of $14.87.
BlackRock Insured Municipal Income Inves Company Profile
BlackRock Municipal Income Investment Quality Trust 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 of United States. It primarily invests in municipal bonds exempt from federal income taxes, including the alternative minimum tax and also in municipal bonds that are investment grade quality at the time of investment.
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