About Blackrock Municipal Income Trust (NYSE:BFK)
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:
Average Prices:- 50 Day Moving Avg: $14.41
- 200 Day Moving Avg: $14.29
- 52 Week Range: $13.42 - $15.05
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Misc:- Average Volume: 57,408 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 announced a monthly dividend on Tuesday, October 3rd. Stockholders of record on Monday, October 16th will be paid a dividend of $0.065 per share on Wednesday, November 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date of this dividend is Friday, October 13th. View Blackrock Municipal Income Trust's Dividend History.
Who are some of Blackrock Municipal Income Trust's key competitors?
Some companies that are related to Blackrock Municipal Income Trust include Ares Capital Corporation (ARCC), Prospect Capital Corporation (PSEC), 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), Tortoise Energy Infrastructure Corporation (TYG), Apollo Investment Corporation (AINV), TPG Specialty Lending (TSLX), Liberty All-Star Equity Fund (USA), Golub Capital BDC (GBDC), New Mountain Finance Corporation (NMFC), Hercules Capital (HTGC), TCP Capital Corp. (TCPC), Solar Capital (SLRC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), BlackRock Capital Investment Corporation (BKCC) and PennantPark Investment Corporation (PNNT).
Who are Blackrock Municipal Income Trust's key executives?
Blackrock Municipal Income Trust's management team includes the folowing people:
- Richard E. Cavanagh, Independent Chairman of the Board of Trustee
- John M. Perlowski, President, Chief Executive Officer, Trustee
- Karen P. Robards, Independent Vice Chairman of the Board of Trustee
- Neal J. Andrews, Chief Financial Officer
- Charles C. S. Park, Chief Compliance Officer
- Robert W. Crothers, Vice President
- Jay M. Fife, Treasurer
- Janey Ahn, Secretary
- Michael J. Castellano, Independent Trustee
- Frank J. Fabozzi, Independent Trustee
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.
What is Blackrock Municipal Income Trust's stock price today?
One share of Blackrock Municipal Income Trust stock can currently be purchased for approximately $14.23.
MarketBeat Community Rating for Blackrock Municipal Income Trust (NYSE BFK)MarketBeat's community ratings are surveys of what our community members think about Blackrock Municipal Income 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.
Consensus Ratings for Blackrock Municipal Income Trust (NYSE:BFK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Consensus Price Target History for Blackrock Municipal Income Trust (NYSE:BFK)
Analysts' Ratings History for Blackrock Municipal Income Trust (NYSE:BFK)
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No equities research coverage for this company has been tracked by MarketBeat.com
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: | 11/1/2017 |
| Annual Dividend: | $0.78 |
| Dividend Yield: | 5.48% |
| 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 |
|---|
| 10/3/2017 | monthly | $0.07 | 5.49% | 10/13/2017 | 10/16/2017 | 11/1/2017 |
| 9/5/2017 | monthly | $0.07 | 5.35% | 9/14/2017 | 9/15/2017 | 10/2/2017 |
| 8/3/2017 | monthly | $0.07 | 5.32% | 8/11/2017 | 8/15/2017 | 9/1/2017 |
| 7/5/2017 | monthly | $0.07 | 5.5% | 7/12/2017 | 7/14/2017 | 8/1/2017 |
| 6/2/2017 | monthly | $0.07 | 5.44% | 6/13/2017 | 6/15/2017 | 7/3/2017 |
| 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 Wednesday, October, 18, 2017
