BlackRock Municipal Income Trust Stock Forecast, Price & News

Wall Street analysts have given BlackRock Municipal Income Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BlackRock Municipal Income Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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BlackRock Municipal Income Trust saw a decline in short interest in May. As of May 14th, there was short interest totaling 54,300 shares, a decline of 42.5% from the April 29th total of 94,400 shares. Based on an average daily trading volume, of 71,800 shares, the short-interest ratio is presently 0.8 days.
View BlackRock Municipal Income Trust's Short Interest.

BlackRock Municipal Income Trust's stock was trading at $13.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BFK shares have increased by 12.8% and is now trading at $15.17.
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BlackRock Municipal Income Trust declared a monthly dividend on Tuesday, June 1st. Stockholders of record on Tuesday, June 15th will be paid a dividend of $0.058 per share on Thursday, July 1st. This represents a $0.70 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Monday, June 14th.
View BlackRock Municipal Income Trust's dividend history.

BlackRock Municipal Income Trust pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.06%.
View BlackRock Municipal Income Trust's dividend history.

Some companies that are related to BlackRock Municipal Income Trust include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other BlackRock Municipal Income Trust investors own include Verizon Communications (VZ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), General Electric (GE), Nuveen Municipal Credit Income Fund (NZF), The Coca-Cola (KO), Altria Group (MO), Caterpillar (CAT), Philip Morris International (PM) and General Mills (GIS).

BlackRock Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFK."

BlackRock Municipal Income Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.00%), Bramshill Investments LLC (0.00%), UBS Group AG (0.00%), Guggenheim Capital LLC (0.00%), Royal Bank of Canada (0.00%) and Hollencrest Capital Management (0.00%).
View institutional ownership trends for BlackRock Municipal Income Trust.

BFK stock was sold by a variety of institutional investors in the last quarter, including Bramshill Investments LLC, Rockefeller Capital Management L.P., Kestra Advisory Services LLC, Ameriprise Financial Inc., Hollencrest Capital Management, and Sound View Wealth Advisors Group LLC.
View insider buying and selling activity for BlackRock Municipal Income Trust or view top insider-selling stocks.

BFK stock was bought by a variety of institutional investors in the last quarter, including Hennion & Walsh Asset Management Inc., Royal Bank of Canada, Guggenheim Capital LLC, Morgan Stanley, AdvisorNet Financial Inc, International Assets Investment Management LLC, Van ECK Associates Corp, and Oppenheimer & Co. Inc..
View insider buying and selling activity for BlackRock Municipal Income Trust or or view top insider-buying stocks.

Shares of BFK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BFK stock can currently be purchased for approximately $15.17.

The official website for BlackRock Municipal Income Trust is www.blackrock.com.

BlackRock Municipal Income Trust is headquartered at 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809, United States.

BlackRock Municipal Income Trust's mailing address is 100 BELLEVUE PARKWAY, WILMINGTON, DE 19809, United States. The investment management company can be reached via phone at 302-797-2000.