BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces $0.06 Monthly Dividend

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.057 per share on Monday, February 3rd. This represents a $0.68 annualized dividend and a yield of 6.02%. The ex-dividend date is Wednesday, January 15th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 5.7% per year over the last three years.

BlackRock Investment Quality Municipal Trust Stock Performance

Shares of NYSE:BKN traded up $0.08 during midday trading on Friday, hitting $11.37. 64,254 shares of the company’s stock traded hands, compared to its average volume of 66,827. The firm’s fifty day moving average price is $11.91 and its two-hundred day moving average price is $12.24. BlackRock Investment Quality Municipal Trust has a twelve month low of $11.01 and a twelve month high of $13.16.

About BlackRock Investment Quality Municipal Trust

BlackRock Investment Quality Municipal Trust Inc 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.