BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It investment in sectors, including transport, health, utility, state tax-backed, corporate muni, education, tobacco, other industries, local tax-backed, prerefund/escrow, school districts, housing, and cash and derivatives. It invests in California, Illinois, New York, Texas, New Jersey, Alabama, South Carolina, Ohio, Washington and District of Columbia. It invests, under normal market conditions, at least 80% of its assets in municipal bonds that are investment grade quality at the time of investment. It may invest directly in such securities or through the use of derivatives. The Trust's investment manager and adviser is BlackRock Advisors, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Symbol: NYSE:BFK
- CUSIP: N/A
- Web: N/A
Average Prices:- 50 Day Moving Avg: $14.14
- 200 Day Moving Avg: $14.01
- 52 Week Range: $13.42 - $16.02
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 99,882 shs.
Frequently Asked Questions for Blackrock Municipal Income Trust (NYSE:BFK)
What is Blackrock Municipal Income Trust's stock symbol?
Blackrock Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFK."
How often does Blackrock Municipal Income Trust pay dividends? What is the dividend yield for Blackrock Municipal Income Trust?
Blackrock Municipal Income Trust declared a monthly dividend on Tuesday, May 2nd. Stockholders of record on Monday, May 15th will be given a dividend of $0.065 per share on Thursday, June 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.47%. The ex-dividend date is Thursday, May 11th. View Blackrock Municipal Income Trust's Dividend History.
Who are some of Blackrock Municipal Income Trust's key competitors?
How do I buy Blackrock Municipal Income Trust stock?
Shares of Blackrock Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Blackrock Municipal Income Trust stock cost?
One share of Blackrock Municipal Income Trust stock can currently be purchased for approximately $14.26.
Consensus Ratings for Blackrock Municipal Income Trust (NYSE:BFK) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Blackrock Municipal Income Trust (NYSE:BFK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/14/2015 | JPMorgan Chase & Co. | Boost Price Target | Overweight | $35.00 -> $39.00 | N/A |  |
(Data available from 5/27/2015 forward)
Earnings History for Blackrock Municipal Income Trust (NYSE:BFK)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Blackrock Municipal Income Trust (NYSE:BFK)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Blackrock Municipal Income Trust (NYSE:BFK)| Next Dividend: | 6/1/2017 |
| Annual Dividend: | $0.78 |
| Dividend Yield: | 5.47% |
| Dividend Growth: | -1.90% (3 Year Average) |
| Payout Ratio: | |
Dividend History by Quarter for Blackrock Municipal Income Trust (NYSE:BFK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/2/2017 | monthly | $0.07 | 5.53% | 5/11/2017 | 5/15/2017 | 6/1/2017 |
| 4/4/2017 | monthly | $0.07 | 5.58% | 4/11/2017 | 4/13/2017 | 5/1/2017 |
| 3/2/2017 | monthly | $0.07 | 5.54% | 3/13/2017 | 3/15/2017 | 4/3/2017 |
| 2/15/2017 | monthly | $0.07 | 6.09% | 2/13/2017 | 2/15/2017 | 3/1/2017 |
| 1/4/2017 | monthly | $0.07 | 6.09% | 1/11/2017 | 1/13/2017 | 2/1/2017 |
| 7/2/2015 | monthly | $0.08 | 6.67% | 7/13/2015 | 7/15/2015 | 8/3/2015 |
| 6/2/2015 | monthly | $0.08 | 6.42% | 6/11/2015 | 6/15/2015 | 7/1/2015 |
| 5/4/2015 | monthly | $0.08 | 6.34% | 5/13/2015 | 5/15/2015 | 6/1/2015 |
| 4/2/2015 | monthly | $0.08 | 6.22% | 4/13/2015 | 4/15/2015 | 5/1/2015 |
| 3/3/2015 | monthly | $0.08 | 6.27% | 3/11/2015 | 3/13/2015 | 4/1/2015 |
| 2/3/2015 | monthly | $0.08 | 6.06% | 2/11/2015 | 2/13/2015 | 3/2/2015 |
| 1/5/2015 | monthly | $0.08 | 6.36% | 1/13/2015 | 1/15/2015 | 2/2/2015 |
| 12/2/2014 | monthly | $0.08 | 6.46% | 12/10/2014 | 12/12/2014 | 12/31/2014 |
| 11/4/2014 | monthly | $0.08 | 6.5% | 11/12/2014 | 11/14/2014 | 12/1/2014 |
| 10/2/2014 | monthly | $0.08 | 6.54% | 10/10/2014 | 10/15/2014 | 11/3/2014 |
| 9/4/2014 | monthly | $0.08 | 6.48% | 9/11/2014 | 9/15/2014 | 10/1/2014 |
| 8/4/2014 | monthly | $0.08 | 6.65% | 8/13/2014 | 8/15/2014 | 9/2/2014 |
| 7/2/2014 | monthly | $0.08 | 6.62% | 7/11/2014 | 7/15/2014 | 8/1/2014 |
| 6/3/2014 | monthly | $0.08 | 6.55% | 6/12/2014 | 6/16/2014 | 7/1/2014 |
| 5/2/2014 | monthly | $0.08 | 6.65% | 5/13/2014 | 5/15/2014 | 6/2/2014 |
| 4/2/2014 | monthly | $0.08 | 6.82% | 4/11/2014 | 4/15/2014 | 5/1/2014 |
| 3/4/2014 | monthly | $0.08 | 6.8% | 3/12/2014 | 3/14/2014 | 4/1/2014 |
| 2/4/2014 | monthly | $0.08 | 6.85% | 2/12/2014 | 2/14/2014 | 3/3/2014 |
| 1/3/2014 | monthly | $0.08 | 6.99% | 1/13/2014 | 1/15/2014 | 2/3/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Blackrock Municipal Income Trust (NYSE:BFK)Insider Trades by Quarter for Blackrock Municipal Income Trust (NYSE:BFK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/24/2016 | Theodore R Jaeckel Jr | Portfolio Manager | Sell | 1,500 | $15.15 | $22,725.00 | |
| 3/10/2016 | Theodore R Jaeckel Jr | Portfolio Manager | Sell | 1,500 | $15.25 | $22,875.00 | |
| 3/3/2016 | Theodore R Jaeckel Jr | Portfolio Manager | Sell | 1,661 | $15.10 | $25,081.10 | |
| 3/2/2016 | Theodore R Jaeckel Jr | Portfolio Manager | Sell | 690 | $15.05 | $10,384.50 | |
| 12/29/2015 | Jerrold B Harris | Director | Buy | 1,000 | $14.68 | $14,680.00 | |
| 12/20/2013 | Robert Crothers | VP | Buy | 1,000 | $12.84 | $12,840.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Blackrock Municipal Income Trust (NYSE:BFK)
Latest Headlines for Blackrock Municipal Income Trust (NYSE:BFK)
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Blackrock Municipal Income Trust (BFK) Chart for Saturday, May, 27, 2017
