Blackrock Maryland Municipal (NYSEAMERICAN:BZM) announced a monthly dividend on Thursday, November 1st, NASDAQ reports. Stockholders of record on Thursday, November 15th will be given a dividend of 0.047 per share on Monday, December 3rd. This represents a $0.56 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend is Wednesday, November 14th.
Blackrock Maryland Municipal has decreased its dividend payment by an average of 10.6% annually over the last three years.
NYSEAMERICAN BZM opened at $13.49 on Friday. Blackrock Maryland Municipal has a 1 year low of $13.02 and a 1 year high of $14.99.
BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Maryland personal income taxes.
See Also: Diversification
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