BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.054 per share on Monday, February 3rd. This represents a $0.65 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date of this dividend is Wednesday, January 15th.
BlackRock Municipal Income Trust II has decreased its dividend payment by an average of 15.5% annually over the last three years.
BlackRock Municipal Income Trust II Stock Up 0.6 %
Shares of NYSEAMERICAN BLE traded up $0.06 during midday trading on Friday, hitting $10.63. 35,245 shares of the company’s stock traded hands, compared to its average volume of 57,573. BlackRock Municipal Income Trust II has a 1 year low of $10.27 and a 1 year 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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