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 Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0929 per share by the investment management company on Friday, November 29th. This represents a $1.11 annualized dividend and a dividend yield of 6.79%. The ex-dividend date is Friday, November 15th.

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

BlackRock Taxable Municipal Bond Trust Stock Down 0.7 %

Shares of NYSE:BBN traded down $0.12 during trading on Wednesday, hitting $16.42. 97,864 shares of the company were exchanged, compared to its average volume of 239,154. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.37 and a fifty-two week high of $18.42. The firm has a fifty day moving average price of $17.37 and a two-hundred day moving average price of $16.78.

About BlackRock Taxable Municipal Bond Trust

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.