BlackRock Municipal Income Quality Trust (BYM) To Go Ex-Dividend on November 15th

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.0555 per share on Monday, December 2nd. This represents a $0.67 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date is Friday, November 15th.

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

BlackRock Municipal Income Quality Trust Price Performance

Shares of NYSE:BYM traded up $0.08 during trading on Wednesday, hitting $11.55. 75,130 shares of the stock were exchanged, compared to its average volume of 56,371. The company has a fifty day moving average price of $11.81 and a two-hundred day moving average price of $11.60. BlackRock Municipal Income Quality Trust has a 12-month low of $10.14 and a 12-month high of $12.38.

About BlackRock Municipal Income Quality Trust

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.