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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0938 per share on Monday, February 3rd. This represents a $1.13 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend is Wednesday, January 15th.

Blackrock 2037 Municipal Target Term Trust Price Performance

NYSE:BMN opened at $25.56 on Friday. Blackrock 2037 Municipal Target Term Trust has a 12 month low of $23.43 and a 12 month high of $26.14. The business’s fifty day moving average price is $25.30 and its 200 day moving average price is $25.06.

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.