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 Friday, January 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0455 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Friday, February 13th.

BlackRock Virginia Municipal Bond Trust Stock Performance

BlackRock Virginia Municipal Bond Trust stock opened at $10.76 on Wednesday. The firm has a 50-day moving average of $10.66 and a 200-day moving average of $10.69. BlackRock Virginia Municipal Bond Trust has a one year low of $9.96 and a one year high of $11.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Raymond James Financial Inc. purchased a new stake in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,999 shares of the company’s stock, valued at approximately $42,000.

About BlackRock Virginia Municipal Bond Trust

BlackRock Virginia Municipal Bond Trust (NYSE American: BHV) is a closed-end management investment company that seeks to provide high current income exempt from regular federal and Virginia state income taxes. The trust pursues this objective by investing primarily in investment-grade municipal securities, with a focus on bonds issued by entities located in or serving the Commonwealth of Virginia.

BHV’s portfolio typically consists of general obligation and revenue bonds, including those issued by state and local governments, public authorities, and other municipal issuers.