BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces $0.06 Monthly Dividend

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.057 per share on Monday, December 2nd. This represents a $0.68 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% annually over the last three years.

BlackRock Investment Quality Municipal Trust Stock Down 0.1 %

NYSE:BKN traded down $0.01 during mid-day trading on Wednesday, reaching $12.22. The company’s stock had a trading volume of 57,727 shares, compared to its average volume of 45,813. The company’s fifty day simple moving average is $12.67 and its two-hundred day simple moving average is $12.29. BlackRock Investment Quality Municipal Trust has a twelve month low of $10.53 and a twelve month high of $13.16.

About BlackRock Investment Quality Municipal Trust

BlackRock Investment Quality Municipal Trust Inc 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.