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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0938 per share on Tuesday, December 31st. This represents a $1.13 annualized dividend and a dividend yield of 4.43%. The ex-dividend date of this dividend is Monday, December 16th.

Blackrock 2037 Municipal Target Term Trust Price Performance

Blackrock 2037 Municipal Target Term Trust stock traded up $0.04 during trading on Friday, reaching $25.40. The company had a trading volume of 15,329 shares, compared to its average volume of 17,675. The firm’s 50-day simple moving average is $25.22 and its 200 day simple moving average is $24.95. Blackrock 2037 Municipal Target Term Trust has a 1-year low of $23.43 and a 1-year high of $26.14.

About Blackrock 2037 Municipal Target Term Trust

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.