BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces $0.06 Monthly Dividend

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.057 per share on Thursday, August 1st. This represents a $0.68 annualized dividend and a yield of 5.72%. The ex-dividend date of this dividend is Monday, July 15th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% annually over the last three years.

BlackRock Investment Quality Municipal Trust Stock Down 0.2 %

BlackRock Investment Quality Municipal Trust stock traded down $0.02 during trading on Tuesday, hitting $11.96. The company had a trading volume of 33,266 shares, compared to its average volume of 43,104. The company’s 50 day simple moving average is $11.99 and its 200-day simple moving average is $12.01. BlackRock Investment Quality Municipal Trust has a 1-year low of $9.57 and a 1-year high of $12.69.

BlackRock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.