Blackrock Investment Quality Municipal Trust to Issue Monthly Dividend of $0.06 (NYSE:BKN)

Blackrock Investment Quality Municipal Trust (NYSE:BKN) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.057 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Monday, December 22nd.

Blackrock Investment Quality Municipal Trust Stock Performance

NYSE:BKN opened at $11.18 on Friday. Blackrock Investment Quality Municipal Trust has a twelve month low of $10.22 and a twelve month high of $11.83. The firm has a 50-day moving average price of $11.24 and a two-hundred day moving average price of $11.02.

Blackrock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust, Inc (NYSE: BKN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The trust primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. By focusing on high-quality credits, the fund aims to balance income generation with a conservative risk profile suitable for income-oriented investors.

The portfolio strategy emphasizes fundamental credit research and sector diversification across the U.S.