Blackrock 2037 Municipal Target Term Trust to Issue Monthly Dividend of $0.09 (NYSE:BMN)

Posted by Stanley Muller on Jul 13th, 2026

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0938 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, July 15th.

Blackrock 2037 Municipal Target Term Trust Trading Up 0.2%

Shares of NYSE BMN opened at $25.57 on Monday. Blackrock 2037 Municipal Target Term Trust has a twelve month low of $23.96 and a twelve month high of $27.96. The stock has a 50 day moving average of $25.72 and a two-hundred day moving average of $26.14.

Institutional Trading of Blackrock 2037 Municipal Target Term Trust

Several institutional investors and hedge funds have recently bought and sold shares of BMN. Hennion & Walsh Asset Management Inc. boosted its stake in Blackrock 2037 Municipal Target Term Trust by 0.5% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 132,064 shares of the company’s stock worth $3,394,000 after purchasing an additional 630 shares during the period. Bank of America Corp DE increased its stake in Blackrock 2037 Municipal Target Term Trust by 6.1% in the first quarter. Bank of America Corp DE now owns 122,544 shares of the company’s stock valued at $3,179,000 after purchasing an additional 7,029 shares during the period. UBS Group AG raised its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 11.7% in the third quarter. UBS Group AG now owns 78,694 shares of the company’s stock valued at $1,974,000 after buying an additional 8,216 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Blackrock 2037 Municipal Target Term Trust by 24.5% in the fourth quarter. Van ECK Associates Corp now owns 34,447 shares of the company’s stock valued at $902,000 after buying an additional 6,782 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Blackrock 2037 Municipal Target Term Trust by 5.6% during the third quarter. Raymond James Financial Inc. now owns 32,904 shares of the company’s stock worth $825,000 after buying an additional 1,746 shares during the period.

Blackrock 2037 Municipal Target Term Trust Company Profile

(Get Free Report)

BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) is a closed-end management investment company sponsored by BlackRock, Inc, one of the world’s largest asset managers. The trust was established to provide investors with exposure to a diversified portfolio of U.S. municipal securities and seeks to deliver federally tax-exempt income. As a target-term fund, BMN has a predetermined termination date of January 23, 2037, at which time the trust’s assets will be liquidated and net proceeds distributed to shareholders.

The fund’s investment objective is current income exempt from regular U.S.