BlackRock Municipal Income Quality Trust (NYSE:BYM) Announces $0.06 Monthly Dividend

BlackRock Municipal Income Quality Trust (NYSE:BYMGet Free Report) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.0555 per share on Tuesday, April 1st. This represents a $0.67 annualized dividend and a dividend yield of 5.97%. The ex-dividend date is Friday, March 14th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 2.7% per year over the last three years.

BlackRock Municipal Income Quality Trust Price Performance

BYM traded down $0.10 during trading on Tuesday, hitting $11.15. The stock had a trading volume of 131,331 shares, compared to its average volume of 67,357. The stock has a 50 day simple moving average of $11.09 and a two-hundred day simple moving average of $11.50. BlackRock Municipal Income Quality Trust has a twelve month low of $10.65 and a twelve month high of $12.38.

About BlackRock Municipal Income Quality Trust

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BlackRock Municipal Income Quality 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 investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.

See Also

Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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