BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.057 per share on Monday, March 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend is Friday, February 14th.
BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% per year over the last three years.
BlackRock Investment Quality Municipal Trust Trading Up 0.5 %
Shares of BlackRock Investment Quality Municipal Trust stock opened at $11.60 on Wednesday. BlackRock Investment Quality Municipal Trust has a 52 week low of $11.01 and a 52 week high of $13.16. The firm’s 50 day moving average is $11.54 and its two-hundred day moving average is $12.14.
About BlackRock Investment Quality Municipal Trust
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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