Blackrock Maryland Municipal (NYSEAMERICAN:BZM) announced a — dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Monday, September 16th will be paid a dividend of 0.036 per share on Tuesday, October 1st. This represents a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, September 13th.
Blackrock Maryland Municipal has increased its dividend payment by an average of 1.4% per year over the last three years.
Shares of BZM opened at $14.38 on Thursday. Blackrock Maryland Municipal has a fifty-two week low of $12.44 and a fifty-two week high of $15.26.
BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Maryland personal income taxes.
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