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

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0938 per share on Monday, March 3rd. This represents a $1.13 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Friday, February 14th.

Blackrock 2037 Municipal Target Term Trust Trading Down 0.3 %

Shares of Blackrock 2037 Municipal Target Term Trust stock opened at $25.64 on Wednesday. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.55 and a twelve month high of $26.14. The business’s fifty day moving average price is $25.47 and its 200 day moving average price is $25.19.

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.