BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Declares Monthly Dividend of $0.06

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.057 per share on Monday, December 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Friday, November 15th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 12.4% per year over the last three years.

BlackRock Investment Quality Municipal Trust Stock Performance

Shares of BlackRock Investment Quality Municipal Trust stock traded up $0.06 on Wednesday, hitting $12.29. 17,145 shares of the company’s stock traded hands, compared to its average volume of 45,662. BlackRock Investment Quality Municipal Trust has a 52-week low of $10.53 and a 52-week high of $13.16. The firm’s 50-day moving average is $12.67 and its 200 day moving average is $12.29.

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.