BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be given a dividend of 0.0986 per share by the investment management company on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, October 15th.
BlackRock Taxable Municipal Bond Trust Stock Down 0.3%
Shares of BBN opened at $15.23 on Friday. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.21 and a 52-week high of $17.45. The firm’s fifty day moving average is $15.81 and its two-hundred day moving average is $15.99.
BlackRock Taxable Municipal Bond Trust Company Profile
The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.
Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.
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