BlackRock Insured Municipal Income Trust Plans Monthly Dividend of $0.05 (NYSE:BYM)
BlackRock Insured Municipal Income Trust (NYSE:BYM) declared a monthly dividend on Monday, June 3rd, NASDAQ reports. Shareholders of record on Friday, June 14th will be given a dividend of 0.052 per share on Monday, July 1st. This represents a $0.62 annualized dividend and a yield of 4.60%. The ex-dividend date of this dividend is Thursday, June 13th.
BlackRock Insured Municipal Income Trust has decreased its dividend payment by an average of 6.6% per year over the last three years.
NYSE:BYM traded down $0.01 during mid-day trading on Wednesday, hitting $13.57. The company had a trading volume of 2 shares, compared to its average volume of 55,363. BlackRock Insured Municipal Income Trust has a fifty-two week low of $12.16 and a fifty-two week high of $13.60.
BlackRock Insured Municipal Income Trust Company Profile
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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