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

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0555 per share on Monday, February 3rd. This represents a $0.67 annualized dividend and a dividend yield of 6.05%. The ex-dividend date is Wednesday, January 15th.

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

BlackRock Municipal Income Quality Trust Stock Performance

Shares of BlackRock Municipal Income Quality Trust stock traded up $0.09 during mid-day trading on Friday, hitting $11.00. The stock had a trading volume of 67,444 shares, compared to its average volume of 77,522. The firm has a 50-day moving average of $11.33 and a two-hundred day moving average of $11.63. BlackRock Municipal Income Quality Trust has a 12-month low of $10.65 and a 12-month high of $12.38.

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.