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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.0929 per share by the investment management company on Monday, December 23rd. This represents a $1.11 annualized dividend and a yield of 6.61%. The ex-dividend date of this dividend is Monday, December 16th.

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 0.6 %

Shares of NYSE:BBN traded down $0.11 during mid-day trading on Friday, hitting $16.87. 203,550 shares of the company traded hands, compared to its average volume of 235,210. BlackRock Taxable Municipal Bond Trust has a 12-month low of $15.39 and a 12-month high of $18.42. The stock has a 50-day moving average price of $16.80 and a two-hundred day moving average price of $16.93.

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.