BlackRock Municipal Income Trust II (BLE) Plans Monthly Dividend of $0.07
BlackRock Municipal Income Trust II (NYSE:BLE) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Monday, October 16th will be paid a dividend of 0.065 per share on Wednesday, November 1st. This represents a $0.78 annualized dividend and a dividend yield of 5.09%. The ex-dividend date of this dividend is Friday, October 13th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 3.7% annually over the last three years.
Shares of BlackRock Municipal Income Trust II (NYSE:BLE) opened at 15.32 on Wednesday. BlackRock Municipal Income Trust II has a 12 month low of $13.87 and a 12 month high of $16.02. The company has a 50-day moving average price of $15.42 and a 200-day moving average price of $15.26.
TRADEMARK VIOLATION NOTICE: This story was first reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/blackrock-municipal-income-trust-ii-ble-plans-monthly-dividend-of-0-07-2/1607308.html.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
Receive News & Ratings for BlackRock Municipal Income Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Income Trust II and related companies with Analyst Ratings Network's FREE daily email newsletter.