BlackRock Taxable Municipal Bond Trust (NYSE:BBN) to Issue $0.09 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet 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 0.0929 per share by the investment management company on Monday, March 31st. This represents a $1.11 annualized dividend and a yield of 6.64%. The ex-dividend date is Friday, March 14th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend payment by an average of 8.7% per year over the last three years.

BlackRock Taxable Municipal Bond Trust Price Performance

NYSE:BBN opened at $16.78 on Wednesday. The stock has a fifty day moving average of $16.39 and a 200 day moving average of $16.90. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.39 and a 52-week high of $18.42.

BlackRock Taxable Municipal Bond Trust Company Profile

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BlackRock Taxable Municipal Bond 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 taxable municipal securities, which include Build America Bonds.

See Also

Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

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