Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Plans $0.05 Monthly Dividend

Blackrock Municipal 2030 Target Term Trust (NYSE:BTTGet Free Report) announced a monthly dividend on Monday, June 3rd, Zacks reports. Shareholders of record on Friday, June 14th will be paid a dividend of 0.046 per share on Monday, July 1st. This represents a $0.55 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Friday, June 14th.

Blackrock Municipal 2030 Target Term Trust has decreased its dividend payment by an average of 4.8% per year over the last three years.

Blackrock Municipal 2030 Target Term Trust Price Performance

BTT traded up $0.06 during mid-day trading on Wednesday, reaching $20.58. 77,729 shares of the company traded hands, compared to its average volume of 135,302. The company’s fifty day moving average price is $20.62 and its 200-day moving average price is $20.82. Blackrock Municipal 2030 Target Term Trust has a 52-week low of $18.90 and a 52-week high of $21.64.

About Blackrock Municipal 2030 Target Term Trust

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Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax.

Further Reading

Dividend History for Blackrock Municipal 2030 Target Term Trust (NYSE:BTT)

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