BlackRock Insured Municipal Income Inves (BAF) to Issue $0.07 Monthly Dividend
BlackRock Insured Municipal Income Inves (NYSE:BAF) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.0685 per share on Friday, December 1st. This represents a $0.82 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date of this dividend is Tuesday, November 14th.
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About BlackRock Insured Municipal Income Inves
BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It seeks to achieve its investment objective by investing at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.
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