BlackRock Municipal Income Quality Trust (NYSE:BYM) Plans Monthly Dividend of $0.06

by · The Cerbat Gem

BlackRock Municipal Income Quality Trust (NYSE:BYM – Get Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0555 per share on Tuesday, April 1st. This represents a $0.67 annualized dividend and a yield of 5.97%. The ex-dividend date is Friday, March 14th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 2.7% per year over the last three years.

BlackRock Municipal Income Quality Trust Stock Down 0.9 %

Shares of BlackRock Municipal Income Quality Trust stock traded down $0.10 on Tuesday, hitting $11.15. The company had a trading volume of 131,331 shares, compared to its average volume of 67,357. BlackRock Municipal Income Quality Trust has a twelve month low of $10.65 and a twelve month high of $12.38. The stock has a 50-day moving average of $11.09 and a 200-day moving average of $11.50.

BlackRock Municipal Income Quality Trust Company Profile

(Get Free Report)

BlackRock Municipal Income 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 the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.

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