BlackRock Municipal Income Quality Trust (NYSE:BYM – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors 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 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date of this dividend is Thursday, August 15th.
BlackRock Municipal Income Quality Trust has decreased its dividend payment by an average of 8.1% annually over the last three years.
BlackRock Municipal Income Quality Trust Trading Up 0.3 %
BYM stock traded up $0.04 during trading on Wednesday, reaching $12.06. 24,665 shares of the company’s stock were exchanged, compared to its average volume of 55,374. BlackRock Municipal Income Quality Trust has a 1-year low of $9.30 and a 1-year high of $12.38. The company’s fifty day moving average price is $11.55 and its 200-day moving average price is $11.39.
BlackRock Municipal Income Quality Trust Company Profile
BlackRock Municipal Income Quality 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 investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.
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