BlackRock Insured Municipal Income Trust (NYSE:BYM) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.06 per share on Thursday, March 1st. This represents a $0.72 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date is Wednesday, February 14th.
BlackRock Insured Municipal Income Trust has decreased its dividend by an average of 10.9% annually over the last three years.
BlackRock Insured Municipal Income Trust (BYM) traded down $0.07 during mid-day trading on Monday, reaching $13.32. 137,629 shares of the company’s stock were exchanged, compared to its average volume of 85,635. BlackRock Insured Municipal Income Trust has a fifty-two week low of $13.25 and a fifty-two week high of $15.24.
TRADEMARK VIOLATION WARNING: “BlackRock Insured Municipal Income Trust Plans Monthly Dividend of $0.06 (BYM)” was published by Stock Observer and is owned by of Stock Observer. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at https://www.thestockobserver.com/2018/02/05/blackrock-insured-municipal-income-trust-plans-monthly-dividend-of-0-06-bym.html.
About BlackRock Insured Municipal Income Trust
BlackRock Municipal Income Quality Trust is a diversified perpetual closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income taxes, including the alternative minimum tax. The Trust seeks to achieve its investment objective by investing, at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.
Receive News & Ratings for BlackRock Insured Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Insured Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.