BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Announces $0.05 Monthly Dividend

BlackRock Municipal Income Trust II (NYSEAMERICAN:BLEGet Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.052 per share on Thursday, August 1st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date is Monday, July 15th.

BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 15.5% annually over the last three years.

BlackRock Municipal Income Trust II Stock Performance

BLE stock traded down $0.06 during trading on Tuesday, hitting $10.75. 148,572 shares of the company’s stock were exchanged, compared to its average volume of 92,981. BlackRock Municipal Income Trust II has a 52-week low of $8.77 and a 52-week high of $10.94.

About BlackRock Municipal Income Trust II

(Get Free Report)

BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.

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Dividend History for BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

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