Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Announces Monthly Dividend of $0.09

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Friday, November 1st,Zacks Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.094 per share on Monday, December 2nd. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.50%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Blackrock 2037 Municipal Target Term Trust’s previous monthly dividend of $0.09.

Blackrock 2037 Municipal Target Term Trust Stock Down 0.4 %

Shares of BMN traded down $0.10 during midday trading on Wednesday, reaching $25.06. 9,149 shares of the stock were exchanged, compared to its average volume of 18,144. The business’s 50-day moving average price is $25.12 and its 200 day moving average price is $24.81. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.35 and a twelve month high of $26.14.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.