BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Declares Monthly Dividend of $0.09

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.0929 per share by the investment management company on Friday, January 31st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Wednesday, January 15th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 5.1% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Trading Up 0.4 %

BBN traded up $0.07 on Friday, hitting $16.18. 126,481 shares of the company were exchanged, compared to its average volume of 117,140. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.39 and a fifty-two week high of $18.42. The business’s fifty day moving average is $16.53 and its 200 day moving average is $16.94.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond 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 taxable municipal securities, which include Build America Bonds.