BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.054 per share on Monday, March 3rd. This represents a $0.65 annualized dividend and a yield of 6.03%. The ex-dividend date of this dividend is Friday, February 14th.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 2.5% per year over the last three years.
BlackRock Municipal Income Trust II Price Performance
NYSEAMERICAN BLE remained flat at $10.75 during trading on Tuesday. 92,248 shares of the company’s stock traded hands, compared to its average volume of 79,039. BlackRock Municipal Income Trust II has a 1-year low of $10.30 and a 1-year high of $11.41.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.
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