BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) declared a monthly dividend on Thursday, August 1st, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.052 per share on Tuesday, September 3rd. This represents a $0.62 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date is Thursday, August 15th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 15.5% per year over the last three years.
BlackRock Municipal Income Trust II Stock Performance
Shares of BlackRock Municipal Income Trust II stock traded up $0.01 during trading on Wednesday, hitting $11.12. The stock had a trading volume of 30,996 shares, compared to its average volume of 90,617. BlackRock Municipal Income Trust II has a fifty-two week low of $8.77 and a fifty-two week high of $11.18.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.
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