BlackRock Taxable Municipal Bond Trust Declares Monthly Dividend of $0.09 (NYSE:BBN)

BlackRock Taxable Municipal Bond Trust (NYSE:BBNGet Free Report) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0929 per share by the investment management company on Monday, March 31st. This represents a $1.11 annualized dividend and a yield of 6.64%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Taxable Municipal Bond Trust has decreased its dividend by an average of 8.7% annually over the last three years.

BlackRock Taxable Municipal Bond Trust Stock Down 1.2 %

NYSE:BBN traded down $0.21 during trading hours on Tuesday, hitting $16.78. The stock had a trading volume of 149,059 shares, compared to its average volume of 222,120. BlackRock Taxable Municipal Bond Trust has a one year low of $15.39 and a one year high of $18.42. The business’s 50 day moving average is $16.39 and its 200-day moving average is $16.90.

BlackRock Taxable Municipal Bond Trust Company Profile

(Get Free Report)

BlackRock Taxable Municipal Bond 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 taxable municipal securities, which include Build America Bonds.

Featured Stories

Dividend History for BlackRock Taxable Municipal Bond Trust (NYSE:BBN)

Receive News & Ratings for BlackRock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.