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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0929 per share by the investment management company on Friday, November 29th. This represents a $1.11 annualized dividend and a dividend yield of 6.79%. The ex-dividend date is Friday, November 15th.

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

BlackRock Taxable Municipal Bond Trust Price Performance

Shares of NYSE BBN traded down $0.12 during trading on Wednesday, hitting $16.42. 97,864 shares of the company traded hands, compared to its average volume of 239,154. The business’s fifty day moving average is $17.37 and its 200 day moving average is $16.78. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.37 and a fifty-two week high of $18.42.

About BlackRock Taxable Municipal Bond Trust

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.