BlackRock Municipal Income Trust II (NYSE:BLE – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.054 per share on Thursday, May 1st. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date of this dividend is Tuesday, April 15th.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 2.5% annually over the last three years.
BlackRock Municipal Income Trust II Stock Performance
Shares of NYSE BLE opened at $9.81 on Friday. The stock’s fifty day moving average is $10.52 and its 200 day moving average is $10.60. BlackRock Municipal Income Trust II has a 52 week low of $9.56 and a 52 week 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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