Blackrock Municipal Income Trust (NYSE:BFK) declared a special dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 12th will be given a dividend of 0.0006 per share by the investment management company on Friday, December 29th. This represents a dividend yield of 5.56%. The ex-dividend date is Monday, December 11th.
Blackrock Municipal Income Trust has decreased its dividend by an average of 1.9% per year over the last three years.
Blackrock Municipal Income Trust (NYSE:BFK) opened at $14.11 on Wednesday. Blackrock Municipal Income Trust has a twelve month low of $13.42 and a twelve month high of $14.72.
WARNING: “Blackrock Municipal Income Trust (BFK) to Issue Special Dividend of $0.00 on December 29th” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://ledgergazette.com/2017/12/06/blackrock-municipal-income-trust-bfk-to-issue-special-dividend-of-0-00-on-december-29th.html.
About Blackrock Municipal Income Trust
BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes.
Receive News & Ratings for Blackrock Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.