BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces Monthly Dividend of $0.06

by · The Cerbat Gem

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKNGet Free Report) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.057 per share on Friday, November 1st. This represents a $0.68 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock Investment Quality Municipal Trust Price Performance

Shares of NYSE BKN opened at $12.88 on Friday. BlackRock Investment Quality Municipal Trust has a fifty-two week low of $9.57 and a fifty-two week high of $13.16. The business has a 50-day simple moving average of $12.60 and a two-hundred day simple moving average of $12.23.

BlackRock Investment Quality Municipal Trust Company Profile

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BlackRock Investment Quality Municipal Trust Inc 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. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.

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