BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN - Get Free Report) announced a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.057 per share on Monday, June 2nd. This represents a $0.68 annualized dividend and a yield of 6.22%. The ex-dividend date is Thursday, May 15th.
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 Stock Up 0.5 %
Shares of BlackRock Investment Quality Municipal Trust stock traded up $0.05 on Friday, reaching $10.99. The stock had a trading volume of 7,046 shares, compared to its average volume of 57,364. The company has a 50 day moving average price of $11.08 and a 200 day moving average price of $11.53. BlackRock Investment Quality Municipal Trust has a 1 year low of $10.22 and a 1 year high of $13.16.
BlackRock Investment Quality Municipal Trust Company Profile
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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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