Blackrock Taxable Municipal Bond Trust (BBN) Announces $0.13 Monthly Dividend
Blackrock Taxable Municipal Bond Trust (NYSE:BBN) announced a monthly dividend on Wednesday, December 20th, Wall Street Journal reports. Investors of record on Friday, December 29th will be paid a dividend of 0.1318 per share by the investment management company on Tuesday, January 9th. This represents a $1.58 annualized dividend and a yield of 6.88%. The ex-dividend date is Thursday, December 28th.
Shares of Blackrock Taxable Municipal Bond Trust (NYSE:BBN) traded down $0.20 during trading hours on Wednesday, reaching $22.98. 209,687 shares of the company traded hands, compared to its average volume of 122,142. Blackrock Taxable Municipal Bond Trust has a 52-week low of $21.22 and a 52-week high of $23.96.
ILLEGAL ACTIVITY NOTICE: This piece of content was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The correct version of this piece of content can be read at https://www.watchlistnews.com/blackrock-taxable-municipal-bond-trust-bbn-announces-0-13-monthly-dividend/1775076.html.
BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.
Receive News & Ratings for Blackrock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.