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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0938 per share on Tuesday, April 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date is Friday, March 14th.

Blackrock 2037 Municipal Target Term Trust Trading Down 0.0 %

NYSE:BMN traded down $0.00 during trading hours on Wednesday, reaching $25.30. 4,523 shares of the company were exchanged, compared to its average volume of 15,418. The business has a 50 day moving average of $25.47 and a 200 day moving average of $25.30. Blackrock 2037 Municipal Target Term Trust has a 1-year low of $23.68 and a 1-year high of $26.14.

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.