BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Plans $0.05 Monthly Dividend

Posted by Alanna Baker on Dec 14th, 2024

BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.054 per share on Tuesday, December 31st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 15.5% annually over the last three years.

BlackRock Municipal Income Trust II Stock Down 1.5 %

Shares of BLE stock traded down $0.17 during trading hours on Friday, hitting $10.80. 211,120 shares of the company’s stock traded hands, compared to its average volume of 96,564. BlackRock Municipal Income Trust II has a 12 month low of $10.27 and a 12 month high of $11.41.

About BlackRock Municipal Income Trust II

(Get Free Report)

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.