BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.0986 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th.
BlackRock Taxable Municipal Bond Trust Price Performance
BBN opened at $16.09 on Friday. The company has a 50-day moving average of $16.04 and a 200-day moving average of $16.34. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.47 and a 1-year high of $17.45.
BlackRock Taxable Municipal Bond Trust Company Profile
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.
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