BlackRock Taxable Municipal Bond Trust (NYSE:BBN) Announces $0.10 Monthly Dividend

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be given a dividend of 0.0986 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Monday, December 22nd.

BlackRock Taxable Municipal Bond Trust Price Performance

BBN stock opened at $16.76 on Friday. BlackRock Taxable Municipal Bond Trust has a 52-week low of $15.37 and a 52-week high of $17.45. The business has a fifty day moving average of $17.00 and a two-hundred day moving average of $16.47.

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.