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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0929 per share by the investment management company on Wednesday, April 30th. This represents a $1.11 annualized dividend and a dividend yield of 6.84%. The ex-dividend date is Tuesday, April 15th.

BlackRock Taxable Municipal Bond Trust Trading Down 2.5 %

Shares of NYSE:BBN opened at $16.30 on Friday. The company’s 50-day moving average price is $16.62 and its 200 day moving average price is $16.71. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.39 and a fifty-two week high of $18.42.

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.