BlackRock Municipal Income Quality Trust (NYSE:BYM) Announces Monthly Dividend of $0.06

BlackRock Municipal Income Quality Trust (NYSE:BYMGet Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.0555 per share on Tuesday, April 1st. This represents a $0.67 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 2.7% annually over the last three years.

BlackRock Municipal Income Quality Trust Price Performance

BYM traded down $0.10 during midday trading on Tuesday, hitting $11.15. 131,331 shares of the company were exchanged, compared to its average volume of 67,357. The company’s 50 day simple moving average is $11.09 and its 200 day simple moving average is $11.50. BlackRock Municipal Income Quality Trust has a 1-year low of $10.65 and a 1-year high of $12.38.

About BlackRock Municipal Income Quality Trust

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BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.

See Also

Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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