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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.094 per share on Tuesday, September 3rd. This represents a $1.13 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date is Thursday, August 15th. This is a positive change from Blackrock 2037 Municipal Target Term Trust’s previous monthly dividend of $0.09.

Blackrock 2037 Municipal Target Term Trust Stock Up 0.0 %

Shares of BMN stock traded up $0.01 during trading hours on Wednesday, reaching $24.91. 903 shares of the stock were exchanged, compared to its average volume of 20,213. The business’s fifty day moving average is $24.64 and its two-hundred day moving average is $24.32. Blackrock 2037 Municipal Target Term Trust has a 12-month low of $21.51 and a 12-month high of $25.10.

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.