BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Declares Monthly Dividend of $0.06

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.057 per share on Tuesday, April 1st. This represents a $0.68 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Friday, March 14th.

BlackRock Investment Quality Municipal Trust has decreased its dividend payment by an average of 5.7% annually over the last three years.

BlackRock Investment Quality Municipal Trust Trading Up 0.1 %

Shares of BlackRock Investment Quality Municipal Trust stock traded up $0.01 on Wednesday, hitting $11.44. 4,605 shares of the company’s stock were exchanged, compared to its average volume of 52,323. BlackRock Investment Quality Municipal Trust has a 1 year low of $11.01 and a 1 year high of $13.16. The company has a 50-day simple moving average of $11.49 and a 200-day simple moving average of $12.04.

BlackRock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.