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. Stockholders of record on Friday, November 15th will be given 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 dividend yield of 6.79%. The ex-dividend date of this dividend is Friday, November 15th.

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 Stock Up 0.2 %

BBN stock traded up $0.04 during trading 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 twelve month low of $15.37 and a twelve month high of $18.42. The firm has a 50-day simple moving average of $17.35 and a 200-day simple moving average of $16.78.

BlackRock Taxable Municipal Bond Trust Company Profile

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.