Blackrock 2037 Municipal Target Term Trust Plans Monthly Dividend of $0.09 (NYSE:BMN)

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.0938 per share on Friday, November 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date of this dividend is Tuesday, October 15th.

Blackrock 2037 Municipal Target Term Trust Stock Performance

Shares of BMN traded down $0.06 on Friday, reaching $25.14. 5,003 shares of the stock traded hands, compared to its average volume of 19,055. The stock’s 50-day moving average price is $25.09 and its 200-day moving average price is $24.65. Blackrock 2037 Municipal Target Term Trust has a 12 month low of $21.51 and a 12 month high of $26.14.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.