Blackrock 2037 Municipal Target Term Trust to Issue Monthly Dividend of $0.09 (NYSE:BMN)

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0938 per share on Monday, March 3rd. This represents a $1.13 annualized dividend and a dividend yield of 4.39%. The ex-dividend date is Friday, February 14th.

Blackrock 2037 Municipal Target Term Trust Stock Performance

Blackrock 2037 Municipal Target Term Trust stock traded down $0.09 during mid-day trading on Tuesday, hitting $25.64. 7,228 shares of the company were exchanged, compared to its average volume of 18,097. Blackrock 2037 Municipal Target Term Trust has a 12-month low of $23.55 and a 12-month high of $26.14. The business’s 50 day simple moving average is $25.47 and its two-hundred day simple moving average is $25.19.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.