Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) Announces $0.09 Monthly Dividend

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0938 per share on Tuesday, December 31st. This represents a $1.13 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Monday, December 16th.

Blackrock 2037 Municipal Target Term Trust Price Performance

Shares of NYSE BMN traded up $0.04 during midday trading on Friday, reaching $25.40. 15,329 shares of the stock were exchanged, compared to its average volume of 17,675. The firm has a 50-day simple moving average of $25.22 and a two-hundred day simple moving average of $24.95. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.43 and a twelve month high of $26.14.

About Blackrock 2037 Municipal Target Term Trust

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.