BlackRock Municipal Income Trust II (NYSE:BLE – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.054 per share on Thursday, May 1st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date of this dividend is Tuesday, April 15th.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 2.5% per year over the last three years.
BlackRock Municipal Income Trust II Stock Down 0.2 %
BLE stock opened at $10.49 on Friday. BlackRock Municipal Income Trust II has a 12 month low of $10.30 and a 12 month high of $11.41. The firm’s 50-day moving average is $10.63 and its 200 day moving average is $10.64.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.
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