BlackRock Municipal Income Quality Trust (BYM) to Issue Monthly Dividend of $0.06 on December 2nd

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0555 per share on Monday, December 2nd. This represents a $0.67 annualized dividend and a dividend yield of 5.77%. The ex-dividend date is Friday, November 15th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 8.1% annually over the last three years.

BlackRock Municipal Income Quality Trust Stock Performance

Shares of BlackRock Municipal Income Quality Trust stock traded up $0.07 during mid-day trading on Wednesday, hitting $11.54. The stock had a trading volume of 76,744 shares, compared to its average volume of 56,379. BlackRock Municipal Income Quality Trust has a 12-month low of $10.14 and a 12-month high of $12.38. The firm has a 50-day moving average of $11.81 and a two-hundred day moving average of $11.60.

BlackRock Municipal Income Quality Trust Company Profile

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.