BlackRock Municipal Income Quality Trust (NYSE:BYM) Plans $0.06 Monthly Dividend

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0555 per share on Monday, March 3rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date is Friday, February 14th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 2.7% annually over the last three years.

BlackRock Municipal Income Quality Trust Stock Performance

Shares of BlackRock Municipal Income Quality Trust stock traded up $0.05 on Tuesday, hitting $11.33. The stock had a trading volume of 82,240 shares, compared to its average volume of 84,988. The stock has a 50 day moving average of $11.17 and a 200 day moving average of $11.57. BlackRock Municipal Income Quality Trust has a twelve month low of $10.65 and a twelve month high of $12.38.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality 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 investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.