BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) declared a monthly dividend on Monday, August 5th, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.052 per share on Tuesday, September 3rd. This represents a $0.62 annualized dividend and a dividend yield of 5.71%. The ex-dividend date is Thursday, August 15th.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 15.5% per year over the last three years.
BlackRock Municipal Income Trust II Stock Performance
BLE stock traded down $0.10 during trading on Monday, hitting $10.92. 133,592 shares of the company traded hands, compared to its average volume of 90,955. BlackRock Municipal Income Trust II has a 1 year low of $8.77 and a 1 year high of $11.04.
About BlackRock Municipal Income Trust II
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.
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