BlackRock Taxable Municipal Bond Trust to Issue Monthly Dividend of $0.09 (NYSE:BBN)

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0929 per share by the investment management company on Friday, January 31st. This represents a $1.11 annualized dividend and a dividend yield of 6.89%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

BlackRock Taxable Municipal Bond Trust Price Performance

NYSE:BBN traded up $0.07 during trading hours on Friday, reaching $16.18. 126,481 shares of the company traded hands, compared to its average volume of 117,140. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.39 and a 1-year high of $18.42. The firm’s 50-day moving average is $16.53 and its 200-day moving average is $16.94.

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.

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

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