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

BlackRock Municipal Income Quality Trust (NYSE:BYMGet Free Report) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0555 per share on Friday, November 1st. This represents a $0.67 dividend on an annualized basis and a yield of 5.56%. The ex-dividend date of this dividend is Tuesday, October 15th.

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

BlackRock Municipal Income Quality Trust Trading Up 0.1 %

Shares of BYM opened at $11.98 on Friday. The stock has a fifty day moving average price of $11.97 and a two-hundred day moving average price of $11.55. BlackRock Municipal Income Quality Trust has a 52-week low of $9.30 and a 52-week high of $12.38.

About BlackRock Municipal Income Quality Trust

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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.

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Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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