BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Declares $0.09 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0929 per share by the investment management company on Monday, December 23rd. This represents a $1.11 annualized dividend and a dividend yield of 6.61%. The ex-dividend date is Monday, December 16th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 5.1% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Stock Performance

Shares of NYSE BBN traded down $0.11 during midday trading on Friday, hitting $16.87. The company’s stock had a trading volume of 203,550 shares, compared to its average volume of 235,210. The stock has a fifty day moving average price of $16.80 and a 200 day moving average price of $16.93. BlackRock Taxable Municipal Bond Trust has a one year low of $15.39 and a one year high of $18.42.

BlackRock Taxable Municipal Bond Trust Company Profile

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BlackRock Taxable Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in taxable municipal securities, which include Build America Bonds.

See Also

Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

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