BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) Announces Monthly Dividend of $0.06

BlackRock Investment Quality Municipal Trust Inc. (NYSE:BKN) declared a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.057 per share on Monday, March 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Friday, February 14th.

BlackRock Investment Quality Municipal Trust has decreased its dividend by an average of 5.7% annually over the last three years.

BlackRock Investment Quality Municipal Trust Price Performance

Shares of BKN traded up $0.06 during trading on Tuesday, reaching $11.60. 63,698 shares of the company traded hands, compared to its average volume of 67,409. The stock has a 50-day simple moving average of $11.55 and a 200-day simple moving average of $12.14. BlackRock Investment Quality Municipal Trust has a twelve month low of $11.01 and a twelve month high of $13.16.

About BlackRock Investment Quality Municipal Trust

BlackRock Investment Quality Municipal Trust Inc 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 invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.