BlackRock Muni Income Investment Trust (NYSE:BBF) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.054 per share on Tuesday, September 3rd. This represents a $0.65 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Wednesday, August 14th.
BlackRock Muni Income Investment Trust has decreased its dividend by an average of 1.6% annually over the last three years.
BBF stock opened at $14.14 on Tuesday. The stock’s 50-day moving average is $14.25. BlackRock Muni Income Investment Trust has a 52 week low of $11.80 and a 52 week high of $14.67.
BlackRock Municipal Income Investment Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund primarily invests in investment grade municipal bonds exempt from federal income taxes.
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