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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0929 per share by the investment management company on Monday, December 23rd. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date is Monday, December 16th.

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

BlackRock Taxable Municipal Bond Trust stock traded down $0.11 during trading on Friday, reaching $16.87. The company had a trading volume of 203,550 shares, compared to its average volume of 235,210. The firm’s 50-day simple moving average is $16.80 and its 200 day simple moving average is $16.93. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.39 and a 1-year 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.