Blackrock 2037 Municipal Target Term Trust (BMN) to Issue Monthly Dividend of $0.09 on June 1st

Blackrock 2037 Municipal Target Term Trust (NYSE:BMNGet Free Report) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be given a dividend of 0.0938 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, May 15th.

Blackrock 2037 Municipal Target Term Trust Stock Performance

BMN opened at $25.65 on Wednesday. Blackrock 2037 Municipal Target Term Trust has a 52 week low of $23.77 and a 52 week high of $27.96. The stock’s fifty day moving average is $26.28 and its two-hundred day moving average is $25.91.

Blackrock 2037 Municipal Target Term Trust Company Profile

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BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) is a closed-end management investment company sponsored by BlackRock, Inc, one of the world’s largest asset managers. The trust was established to provide investors with exposure to a diversified portfolio of U.S. municipal securities and seeks to deliver federally tax-exempt income. As a target-term fund, BMN has a predetermined termination date of January 23, 2037, at which time the trust’s assets will be liquidated and net proceeds distributed to shareholders.

The fund’s investment objective is current income exempt from regular U.S.

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Dividend History for Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

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