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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors 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 yield of 6.79%. The ex-dividend date of this dividend is Friday, November 15th.

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

BlackRock Taxable Municipal Bond Trust Trading Up 0.2 %

Shares of NYSE:BBN traded up $0.04 on Thursday, reaching $16.41. The company had a trading volume of 12,776 shares, compared to its average volume of 238,567. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.37 and a 52-week high of $18.42. The firm’s 50 day simple moving average is $17.35 and its 200-day simple moving average is $16.78.

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.