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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0929 per share by the investment management company on Monday, March 31st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.64%. The ex-dividend date is Friday, March 14th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 8.7% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Trading Down 1.2 %

Shares of BBN stock traded down $0.21 during mid-day trading on Tuesday, reaching $16.78. The company’s stock had a trading volume of 149,059 shares, compared to its average volume of 222,120. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.39 and a 1-year high of $18.42. The firm’s 50-day moving average is $16.39 and its two-hundred day moving average is $16.90.

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.