BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN – Get Free Report) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.057 per share on Tuesday, October 1st. This represents a $0.68 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Monday, September 16th.
BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 12.4% per year over the last three years.
BlackRock Investment Quality Municipal Trust Price Performance
BlackRock Investment Quality Municipal Trust stock opened at $13.07 on Friday. BlackRock Investment Quality Municipal Trust has a one year low of $9.57 and a one year high of $13.08. The stock’s 50 day moving average price is $12.29 and its 200 day moving average price is $12.15.
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.
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