BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) to Issue Monthly Dividend of $0.05

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0515 per share on Thursday, May 1st. This represents a $0.62 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date is Tuesday, April 15th.

BlackRock Virginia Municipal Bond Trust Price Performance

Shares of BHV traded up $0.08 during mid-day trading on Thursday, reaching $10.82. 7,840 shares of the company’s stock were exchanged, compared to its average volume of 3,797. BlackRock Virginia Municipal Bond Trust has a 52-week low of $10.38 and a 52-week high of $11.76. The stock’s 50-day simple moving average is $10.84.

About BlackRock Virginia Municipal Bond Trust

Blackrock Virginia 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 fixed income markets of United States. It primarily invests in the investment grade municipal bonds exempt from federal income taxes and Virginia personal income taxes.