BlackRock Municipal Income Quality Trust (NYSE:BYM) Announces Monthly Dividend of $0.06

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0555 per share on Friday, November 1st. This represents a $0.67 annualized dividend and a dividend yield of 5.56%. The ex-dividend date is Tuesday, October 15th.

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

BlackRock Municipal Income Quality Trust Trading Up 0.1 %

BYM traded up $0.01 during trading on Friday, hitting $11.98. 52,790 shares of the stock were exchanged, compared to its average volume of 54,907. BlackRock Municipal Income Quality Trust has a 1-year low of $9.30 and a 1-year high of $12.38. The stock has a fifty day moving average price of $11.97 and a two-hundred day moving average price of $11.55.

About BlackRock Municipal Income Quality Trust

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.