BlackRock Municipal Income Quality Trust (NYSE:BYM) Declares Monthly Dividend of $0.06

BlackRock Municipal Income Quality Trust (NYSE:BYM) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0555 per share on Thursday, May 1st. This represents a $0.67 annualized dividend and a yield of 6.09%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Municipal Income Quality Trust has decreased its dividend payment by an average of 2.7% annually over the last three years.

BlackRock Municipal Income Quality Trust Trading Up 0.9 %

BYM traded up $0.10 during trading hours on Thursday, reaching $10.94. The company’s stock had a trading volume of 241,769 shares, compared to its average volume of 102,819. BlackRock Municipal Income Quality Trust has a fifty-two week low of $10.65 and a fifty-two week high of $12.38. The business’s 50-day moving average is $11.09 and its 200-day moving average is $11.34.

BlackRock Municipal Income Quality 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.