Blackrock Investment Quality Municipal Trust (BKN) to Issue Monthly Dividend of $0.06 on February 2nd

Blackrock Investment Quality Municipal Trust (NYSE:BKN) declared a monthly dividend on Saturday, January 3rd. Investors of record on Tuesday, January 20th will be given a dividend of 0.057 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, January 20th.

Blackrock Investment Quality Municipal Trust Price Performance

NYSE BKN opened at $11.45 on Friday. Blackrock Investment Quality Municipal Trust has a 12-month low of $10.22 and a 12-month high of $11.83. The firm has a 50-day moving average price of $11.21 and a two-hundred day moving average price of $11.08.

Blackrock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust, Inc (NYSE: BKN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The trust primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. By focusing on high-quality credits, the fund aims to balance income generation with a conservative risk profile suitable for income-oriented investors.

The portfolio strategy emphasizes fundamental credit research and sector diversification across the U.S.