BlackRock Municipal Income Quality Trust (NYSE:BYM) Plans Monthly Dividend of $0.06

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Monday, May 3rd, Zacks reports. Shareholders of record on Friday, May 14th will be given a dividend of 0.058 per share on Tuesday, June 1st. This represents a $0.70 annualized dividend and a yield of 4.42%. The ex-dividend date is Thursday, May 13th.

Shares of BlackRock Municipal Income Quality Trust stock traded down $0.03 on Wednesday, reaching $15.75. The company had a trading volume of 48,648 shares, compared to its average volume of 56,562. The firm’s 50 day moving average price is $15.48 and its two-hundred day moving average price is $15.00. BlackRock Municipal Income Quality Trust has a 52-week low of $12.96 and a 52-week high of $16.79.

About BlackRock Municipal Income Quality Trust

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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Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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