BlackRock Insured Municipal Income Trust (NYSE:BYM) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Shareholders of record on Friday, February 15th will be paid a dividend of 0.052 per share on Friday, March 1st. This represents a $0.62 annualized dividend and a yield of 4.73%. The ex-dividend date of this dividend is Thursday, February 14th.
BlackRock Insured Municipal Income Trust has decreased its dividend payment by an average of 6.6% per year over the last three years.
Shares of NYSE BYM opened at $13.18 on Friday. BlackRock Insured Municipal Income Trust has a 1-year low of $12.16 and a 1-year high of $13.51.
BlackRock Insured Municipal Income Trust Company Profile
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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