BlackRock Municipal Income Quality Trust to Issue Monthly Dividend of $0.06 (NYSE:BYM)

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.0555 per share on Tuesday, December 31st. This represents a $0.67 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Municipal Income Quality Trust has decreased its dividend payment by an average of 8.1% per year over the last three years.

BlackRock Municipal Income Quality Trust Stock Down 1.4 %

Shares of BlackRock Municipal Income Quality Trust stock traded down $0.16 during trading on Friday, reaching $11.42. 116,938 shares of the company were exchanged, compared to its average volume of 57,245. The business has a 50-day moving average price of $11.61 and a 200-day moving average price of $11.66. BlackRock Municipal Income Quality Trust has a twelve month low of $10.78 and a twelve month high of $12.38.

BlackRock Municipal Income Quality Trust Company Profile

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.