Blackrock Taxable Municipal Bond Trust Stock Price, News & Analysis (NYSE:BBN)

$23.09 -0.16 (-0.69 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$23.25
Today's Range$23.09 - $23.30
52-Week Range$21.06 - $23.96
Volume112,691 shs
Average Volume124,619 shs
Market Capitalization$1.14 billion
P/E RatioN/A
Dividend Yield6.85%
Beta-0.05

About Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Blackrock Taxable Municipal Bond Trust logoBlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust's investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings. It also has the ability to invest up to 20% of its managed assets in securities other than taxable municipal securities. It may invest at least 80% of its managed assets in securities that at the time of purchase are investment-grade quality. It invests in various sectors, including utilities, transportation, education, tobacco, commercial services and supplies, and housing. The Trust's investment manager is BlackRock Advisors, LLC.


Industry, Sector and Symbol:
Dividend:
  • Dividend Yield: 6.9%
Misc:
  • Outstanding Shares: 57,110,000
 

Frequently Asked Questions for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

What is Blackrock Taxable Municipal Bond Trust's stock symbol?

Blackrock Taxable Municipal Bond Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBN."

How often does Blackrock Taxable Municipal Bond Trust pay dividends? What is the dividend yield for Blackrock Taxable Municipal Bond Trust?

Blackrock Taxable Municipal Bond Trust announced a monthly dividend on Thursday, November 2nd. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.1318 per share on Thursday, November 30th. This represents a $1.58 dividend on an annualized basis and a yield of 6.85%. The ex-dividend date of this dividend is Tuesday, November 14th. View Blackrock Taxable Municipal Bond Trust's Dividend History.

Who are some of Blackrock Taxable Municipal Bond Trust's key competitors?

Who are Blackrock Taxable Municipal Bond Trust's key executives?

Blackrock Taxable Municipal Bond Trust's management team includes the folowing people:

  • Richard E. Cavanagh, Independent Chairman of the Board of the Trustees (Age 71)
  • John M. Perlowski, President, Chief Executive Officer, Director/Trustee (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Charles C. S. Park, Chief Compliance Officer (Age 50)
  • Robert W. Crothers, Vice President (Age 36)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)
  • Michael J. Castellano, Independent Trustee (Age 71)
  • Frank J. Fabozzi, Independent Trustee (Age 69)

Who owns Blackrock Taxable Municipal Bond Trust stock?

Blackrock Taxable Municipal Bond Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (0.96%), Wells Fargo & Company MN (0.85%), Stifel Financial Corp (0.34%), Sit Investment Associates Inc. (0.00%), Commonwealth Equity Services Inc (0.13%) and Evergreen Capital Management LLC (0.06%). View Institutional Ownership Trends for Blackrock Taxable Municipal Bond Trust.

Who sold Blackrock Taxable Municipal Bond Trust stock? Who is selling Blackrock Taxable Municipal Bond Trust stock?

Blackrock Taxable Municipal Bond Trust's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Sit Investment Associates Inc., Stifel Financial Corp, Doliver Capital Advisors LP, Conning Inc., Stratos Wealth Partners LTD., IFC Holdings Incorporated FL and Good Life Advisors LLC. View Insider Buying and Selling for Blackrock Taxable Municipal Bond Trust.

Who bought Blackrock Taxable Municipal Bond Trust stock? Who is buying Blackrock Taxable Municipal Bond Trust stock?

Blackrock Taxable Municipal Bond Trust's stock was purchased by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Evergreen Capital Management LLC, Wells Fargo & Company MN, Sigma Planning Corp, Citadel Advisors LLC, FinTrust Investment Advisory Services LLC, Commonwealth Equity Services Inc and Yellowstone Partners LLC. View Insider Buying and Selling for Blackrock Taxable Municipal Bond Trust.

How do I buy Blackrock Taxable Municipal Bond Trust stock?

Shares of Blackrock Taxable Municipal Bond Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Blackrock Taxable Municipal Bond Trust's stock price today?

One share of Blackrock Taxable Municipal Bond Trust stock can currently be purchased for approximately $23.09.

How big of a company is Blackrock Taxable Municipal Bond Trust?

Blackrock Taxable Municipal Bond Trust has a market capitalization of $1.14 billion.

How can I contact Blackrock Taxable Municipal Bond Trust?

Blackrock Taxable Municipal Bond Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The investment management company can be reached via phone at +1-800-8820052.


MarketBeat Community Rating for Blackrock Taxable Municipal Bond Trust (NYSE BBN)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  81
MarketBeat's community ratings are surveys of what our community members think about Blackrock Taxable Municipal Bond Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Price Target History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Analysts' Ratings History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Next Dividend:11/30/2017
Annual Dividend:$1.58
Dividend Yield:6.84%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:
Frequency:Monthly Dividend
Dividend Payments by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Dividend History by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE BBN)

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/2/2017monthly$0.136.78%11/14/201711/15/201711/30/2017
10/3/2017monthly$0.136.74%10/13/201710/16/201710/31/2017
9/5/2017monthly$0.136.65%9/14/20179/15/20179/29/2017
8/3/2017monthly$0.136.78%8/11/20178/15/20178/31/2017
7/5/2017monthly$0.136.87%7/12/20177/14/20177/31/2017
6/2/2017monthly$0.136.87%6/13/20176/15/20176/30/2017
5/2/2017monthly$0.136.96%5/11/20175/15/20175/31/2017
4/4/2017monthly$0.137.04%4/11/20174/13/20174/28/2017
3/2/2017monthly$0.137.11%3/13/20173/15/20173/31/2017
2/10/2017monthly$0.136.97%2/13/20172/15/20172/28/2017
12/20/2016monthly$0.137.35%12/28/201612/30/20161/9/2017
7/2/2015monthly$0.137.98%7/13/20157/15/20157/31/2015
6/2/2015monthly$0.137.61%6/11/20156/15/20156/30/2015
5/4/2015monthly$0.137.12%5/13/20155/15/20155/29/2015
4/2/2015monthly$0.136.99%4/13/20154/15/20154/30/2015
3/3/2015monthly$0.136.95%3/11/20153/13/20153/31/2015
2/3/2015monthly$0.136.83%2/11/20152/13/20152/27/2015
12/23/2014monthly$0.137.25%12/29/201412/31/20141/9/2015
12/2/2014monthly$0.137.39%12/10/201412/12/201412/19/2014
11/4/2014monthly$0.137.42%11/12/201411/14/201411/28/2014
10/2/2014monthly$0.137.52%10/10/201410/15/201410/31/2014
9/4/2014monthly$0.137.25%9/11/20149/15/20149/30/2014
8/4/2014monthly$0.137.39%8/13/20148/15/20148/29/2014
7/2/2014monthly$0.137.38%7/11/20147/15/20147/31/2014
6/3/2014monthly$0.137.6%6/12/20146/16/20146/30/2014
5/2/2014monthly$0.137.65%5/13/20145/15/20145/30/2014
4/2/2014monthly$0.137.89%4/11/20144/15/20144/30/2014
3/4/2014monthly$0.137.97%3/12/20143/14/20143/31/2014
2/4/2014monthly$0.138.08%2/12/20142/14/20142/28/2014
12/20/2013monthly$0.138.21%12/27/201312/31/20131/8/2014
12/3/2013monthly$0.138.64%12/11/201312/13/201312/19/2013
11/4/2013monthly$0.138.11%11/13/201311/15/201311/29/2013
10/2/2013monthly$0.138.39%10/11/201310/16/201310/31/2013
9/4/2013monthly$0.138.33%9/12/20139/16/20139/30/2013
8/2/2013monthly$0.138.24%8/13/20138/15/20138/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Blackrock Taxable Municipal Bond Trust (NYSE BBN)

Insider Trades by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
Institutional Ownership by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Insider Trades by Quarter for Blackrock Taxable Municipal Bond Trust (NYSE BBN)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/6/2014Jerrold B HarrisDirectorSell17,500$19.20$336,000.00View SEC Filing  
7/17/2013Jerrold B HarrisDirectorSell24,000$20.01$480,240.00View SEC Filing  
5/16/2013Jerrold B HarrisDirectorBuy3,500$22.62$79,170.00View SEC Filing  
9/19/2012Michael J CastellanoDirectorBuy1,000$23.05$23,050.00View SEC Filing  
9/13/2012Jerrold B HarrisDirectorBuy16,000$23.17$370,720.00View SEC Filing  
9/11/2012Jerrold B HarrisDirectorBuy12,200$23.54$287,188.00View SEC Filing  
8/6/2012Jerrold B HarrisDirectorBuy6,165$23.83$146,911.95View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Blackrock Taxable Municipal Bond Trust (NYSE:BBN)

Latest Headlines for Blackrock Taxable Municipal Bond Trust (NYSE BBN)

Source:
DateHeadline
Blackrock Taxable Municipal Bond Trust (BBN) Declares $0.13 Monthly DividendBlackrock Taxable Municipal Bond Trust (BBN) Declares $0.13 Monthly Dividend
www.americanbankingnews.com - November 2 at 6:13 PM
Contrasting BlackRock Capital Investment Corporation (BKCC) & Blackrock Taxable Municipal Bond Trust (BBN)Contrasting BlackRock Capital Investment Corporation (BKCC) & Blackrock Taxable Municipal Bond Trust (BBN)
www.americanbankingnews.com - October 5 at 6:24 PM
Blackrock Taxable Municipal Bond Trust (BBN) Announces $0.13 Monthly DividendBlackrock Taxable Municipal Bond Trust (BBN) Announces $0.13 Monthly Dividend
www.americanbankingnews.com - October 3 at 6:36 PM
High-Yield Companies With Falling PricesHigh-Yield Companies With Falling Prices
www.nasdaq.com - September 15 at 4:49 PM
High-Yield Companies With Falling PricesHigh-Yield Companies With Falling Prices
www.nasdaq.com - September 15 at 4:49 PM
Head-To-Head Survey: Harvest Capital Credit Corporation (HCAP) vs. Blackrock Taxable Municipal Bond Trust (BBN)Head-To-Head Survey: Harvest Capital Credit Corporation (HCAP) vs. Blackrock Taxable Municipal Bond Trust (BBN)
www.americanbankingnews.com - September 4 at 10:12 PM
Reviewing Gladstone Capital Corporation (GLAD) and Blackrock Taxable Municipal Bond Trust (NYSE:BBN)Reviewing Gladstone Capital Corporation (GLAD) and Blackrock Taxable Municipal Bond Trust (NYSE:BBN)
www.americanbankingnews.com - August 4 at 8:18 AM
Blackrock Taxable Municipal Bond Trust (NYSE:BBN) Plans Monthly Dividend of $0.13Blackrock Taxable Municipal Bond Trust (NYSE:BBN) Plans Monthly Dividend of $0.13
www.americanbankingnews.com - August 3 at 6:44 PM
A Deep Dive Into BlackRock Taxable Municipal Bond Trusts PortfolioA Deep Dive Into BlackRock Taxable Municipal Bond Trust's Portfolio
seekingalpha.com - July 20 at 5:57 PM
Municipal Bond Investors - Dont Get Tempted By The High Yields - Seeking AlphaMunicipal Bond Investors - Don't Get Tempted By The High Yields - Seeking Alpha
seekingalpha.com - January 10 at 3:57 PM
BLACKROCK TAXABLE MUNICIPAL BOND TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitBLACKROCK TAXABLE MUNICIPAL BOND TRUST Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibit
biz.yahoo.com - October 28 at 8:39 PM
BlackRock Build America Bond Trust announces $0.1318 distributionBlackRock Build America Bond Trust announces $0.1318 distribution
seekingalpha.com - September 13 at 8:38 AM
Need Income? Check Out Taxable Munis For Safe Yields Of 6%Need Income? Check Out Taxable Munis For Safe Yields Of 6%
seekingalpha.com - August 17 at 3:50 PM
Warren Buffett, Jamie Dimon Hold Secret Meetings to Save the Public CompanyWarren Buffett, Jamie Dimon Hold Secret Meetings to Save the Public Company
fortune.com - July 21 at 12:11 PM
[$$] Can Low Rates Keep Lifting the Stock Market?[$$] Can Low Rates Keep Lifting the Stock Market?
www.barrons.com - July 9 at 12:01 AM
BTT: An Outstanding Muni CEFBTT: An Outstanding Muni CEF
seekingalpha.com - February 2 at 11:34 AM

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Financials

Chart

Blackrock Taxable Municipal Bond Trust (NYSE BBN) Chart for Friday, November, 17, 2017
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This page was last updated on 11/17/2017 by MarketBeat.com Staff

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