Blackrock Strategic Municipal (BSD) Given Daily Media Sentiment Rating of 0.21
Media coverage about Blackrock Strategic Municipal (NYSE:BSD) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Blackrock Strategic Municipal earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.9873403836809 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Blackrock Strategic Municipal traded up $0.04, reaching $12.58, during trading on Friday, MarketBeat.com reports. 6,950 shares of the stock were exchanged, compared to its average volume of 18,825. Blackrock Strategic Municipal has a 1-year low of $12.41 and a 1-year high of $15.61.
The company also recently announced a monthly dividend, which will be paid on Friday, June 1st. Stockholders of record on Tuesday, May 15th will be given a dividend of $0.057 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date is Monday, May 14th.
Blackrock Strategic Municipal Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income that is exempt from regular federal income tax and to invest in municipal bonds that over time will perform better than the broader municipal bond market.
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