Blackrock Municipal 2030 Target Term Trust Declares Monthly Dividend of $0.05 (NYSE:BTT)

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0464 per share on Thursday, May 1st. This represents a $0.56 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Tuesday, April 15th.

Blackrock Municipal 2030 Target Term Trust has decreased its dividend by an average of 9.4% annually over the last three years.

Blackrock Municipal 2030 Target Term Trust Stock Up 0.4 %

NYSE:BTT traded up $0.09 during trading hours on Thursday, hitting $21.32. 181,286 shares of the company were exchanged, compared to its average volume of 148,180. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $20.22 and a 52-week high of $21.83. The company’s 50 day moving average price is $21.26 and its 200-day moving average price is $21.18.

Blackrock Municipal 2030 Target Term Trust Company Profile

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.