BlackRock Taxable Municipal Bond Trust Announces Monthly Dividend of $0.09 (NYSE:BBN)

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0929 per share by the investment management company on Monday, December 23rd. This represents a $1.11 annualized dividend and a dividend yield of 6.61%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 5.1% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Price Performance

BlackRock Taxable Municipal Bond Trust stock traded down $0.11 during midday trading on Friday, hitting $16.87. 203,550 shares of the stock were exchanged, compared to its average volume of 235,210. The stock’s 50-day simple moving average is $16.80 and its 200 day simple moving average is $16.93. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.39 and a fifty-two week high of $18.42.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond 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 taxable municipal securities, which include Build America Bonds.