BlackRock Municipal Income Quality Trust Declares Monthly Dividend of $0.06 (NYSE:BYM)

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0555 per share on Tuesday, December 31st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date is Monday, December 16th.

BlackRock Municipal Income Quality Trust has decreased its dividend by an average of 8.1% per year over the last three years.

BlackRock Municipal Income Quality Trust Price Performance

Shares of BlackRock Municipal Income Quality Trust stock traded down $0.16 during trading on Friday, hitting $11.42. 116,938 shares of the company’s stock traded hands, compared to its average volume of 57,245. The firm’s fifty day moving average price is $11.61 and its 200 day moving average price is $11.66. BlackRock Municipal Income Quality Trust has a twelve month low of $10.78 and a twelve month high of $12.38.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality 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 investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.