BlackRock Municipal Income Quality Trust (BYM) to Issue Monthly Dividend of $0.05 on October 1st

BlackRock Municipal Income Quality Trust (NYSE:BYMGet Free Report) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Monday, September 16th will be paid a dividend of 0.0525 per share on Tuesday, October 1st. This represents a $0.63 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date of this dividend is Monday, September 16th. This is a positive change from BlackRock Municipal Income Quality Trust’s previous monthly dividend of $0.05.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 8.1% annually over the last three years.

BlackRock Municipal Income Quality Trust Stock Up 0.2 %

BlackRock Municipal Income Quality Trust stock opened at $12.10 on Friday. The business has a 50 day moving average of $11.80 and a 200-day moving average of $11.48. BlackRock Municipal Income Quality Trust has a 1 year low of $9.30 and a 1 year high of $12.38.

About BlackRock Municipal Income Quality Trust

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BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.

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Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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