BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.054 per share on Friday, November 1st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date is Tuesday, October 15th. This is a positive change from BlackRock Municipal Income Trust II’s previous monthly dividend of $0.05.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 15.5% per year over the last three years.
BlackRock Municipal Income Trust II Price Performance
BLE opened at $11.15 on Monday. BlackRock Municipal Income Trust II has a 1-year low of $8.77 and a 1-year high of $11.41.
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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