BlackRock Municipal Income Quality Trust Announces Monthly Dividend of $0.06 (NYSE:BYM)

BlackRock Municipal Income Quality Trust (NYSE:BYMGet Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0555 per share on Thursday, May 1st. This represents a $0.67 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Municipal Income Quality Trust has decreased its dividend payment by an average of 2.7% annually over the last three years.

BlackRock Municipal Income Quality Trust Stock Performance

BlackRock Municipal Income Quality Trust stock opened at $10.80 on Friday. The company has a 50-day moving average price of $11.07 and a 200 day moving average price of $11.32. BlackRock Municipal Income Quality Trust has a 12-month low of $10.65 and a 12-month high of $12.38.

About BlackRock Municipal Income Quality Trust

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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.

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Dividend History for BlackRock Municipal Income Quality Trust (NYSE:BYM)

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