BlackRock Insured Municipal Income Trust (NYSE:BYM) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.052 per share on Monday, June 3rd. This represents a $0.62 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Tuesday, May 14th.
BlackRock Insured Municipal Income Trust has decreased its dividend by an average of 6.6% annually over the last three years.
NYSE BYM opened at $13.47 on Monday. BlackRock Insured Municipal Income Trust has a 52-week low of $12.16 and a 52-week high of $13.56.
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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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