Blackrock 2037 Municipal Target Term Trust (BMN) to Issue Monthly Dividend of $0.09 on March 3rd

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0938 per share on Monday, March 3rd. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date is Friday, February 14th.

Blackrock 2037 Municipal Target Term Trust Stock Down 0.1 %

NYSE:BMN opened at $25.42 on Wednesday. Blackrock 2037 Municipal Target Term Trust has a fifty-two week low of $23.55 and a fifty-two week high of $26.14. The firm’s fifty day simple moving average is $25.47 and its 200-day simple moving average is $25.22.

About Blackrock 2037 Municipal Target Term Trust

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.