BlackRock Municipal Income Trust II Declares Monthly Dividend of $0.05 (NYSE:BLE)

BlackRock Municipal Income Trust II (NYSE:BLEGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.054 per share on Tuesday, April 1st. This represents a $0.65 annualized dividend and a yield of 6.03%. The ex-dividend date is Friday, March 14th.

BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 2.5% per year over the last three years.

BlackRock Municipal Income Trust II Price Performance

NYSE:BLE traded down $0.06 during trading hours on Tuesday, reaching $10.74. 98,934 shares of the company were exchanged, compared to its average volume of 76,798. BlackRock Municipal Income Trust II has a 1-year low of $10.30 and a 1-year high of $11.41.

About BlackRock Municipal Income Trust II

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BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.

See Also

Dividend History for BlackRock Municipal Income Trust II (NYSE:BLE)

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