BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Plans $0.06 Monthly Dividend

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be given a dividend of 0.057 per share on Monday, June 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% annually over the last three years.

BlackRock Investment Quality Municipal Trust Stock Up 1.0 %

Shares of NYSE BKN traded up $0.12 during trading hours on Friday, reaching $12.12. The stock had a trading volume of 46,394 shares, compared to its average volume of 45,362. The business’s fifty day moving average price is $12.17 and its two-hundred day moving average price is $11.60. BlackRock Investment Quality Municipal Trust has a 52-week low of $9.57 and a 52-week high of $12.69.

BlackRock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust Inc 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.