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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0938 per share on Monday, February 3rd. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date is Wednesday, January 15th.

Blackrock 2037 Municipal Target Term Trust Stock Performance

BMN traded up $0.01 during trading hours on Friday, hitting $25.56. 14,405 shares of the company’s stock were exchanged, compared to its average volume of 14,452. Blackrock 2037 Municipal Target Term Trust has a 1-year low of $23.43 and a 1-year high of $26.14. The stock’s 50-day moving average is $25.30 and its two-hundred day moving average is $25.06.

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.