BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) to Issue $0.05 Monthly Dividend

Posted by Amy Steele on Nov 14th, 2024

BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.054 per share on Monday, December 2nd. This represents a $0.65 dividend on an annualized basis and a yield of 5.98%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Municipal Income Trust II has decreased its dividend by an average of 15.5% annually over the last three years.

BlackRock Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN:BLE traded down $0.05 during trading on Thursday, hitting $10.83. The company’s stock had a trading volume of 6,633 shares, compared to its average volume of 92,814. BlackRock Municipal Income Trust II has a fifty-two week low of $9.70 and a fifty-two week high of $11.41.

About BlackRock Municipal Income Trust II

(Get Free Report)

BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.