BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.0986 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, May 15th.
BlackRock Taxable Municipal Bond Trust Stock Down 0.0%
Shares of NYSE:BBN opened at $16.01 on Wednesday. The company has a 50-day moving average price of $16.13 and a 200 day moving average price of $16.51. BlackRock Taxable Municipal Bond Trust has a 12 month low of $15.38 and a 12 month high of $17.45.
About BlackRock Taxable Municipal Bond Trust
The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.
Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.
Recommended Stories
- Five stocks we like better than BlackRock Taxable Municipal Bond Trust
- Dream Finders Homes’ Hostile Bid Creates a Dual Squeeze Play
- Why OpenAI’s IPO Plans Could Be a Massive Win for Microsoft
- A Real Biggie Deal: Wendy’s Serves Up a Juicy Buyout Arbitrage
- Ally Financial Is Back to Basics—And Investors Are Watching
Receive News & Ratings for BlackRock Taxable Municipal Bond Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Taxable Municipal Bond Trust and related companies with MarketBeat.com's FREE daily email newsletter.
