Blackrock Municipal 2030 Targt Term Trst (NYSE:BTT) declared a special dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Tuesday, December 12th will be given a dividend of 0.0004 per share on Friday, December 29th. This represents a yield of 3.84%. The ex-dividend date is Monday, December 11th.
Blackrock Municipal 2030 Targt Term Trst has decreased its dividend payment by an average of 5.9% annually over the last three years.
Blackrock Municipal 2030 Targt Term Trst (NYSE:BTT) traded down $0.10 during mid-day trading on Wednesday, reaching $22.48. 153,900 shares of the company were exchanged, compared to its average volume of 116,114. Blackrock Municipal 2030 Targt Term Trst has a 12 month low of $21.58 and a 12 month high of $23.62.
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About Blackrock Municipal 2030 Targt Term Trst
BlackRock Municipal 2030 Target Term Trust, formerly BlackRock Municipal Target Term Trust, is a closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax (but which may be subject to the federal alternative minimum tax in certain circumstances) and to return $25 per common share (the initial offering price per share) to holders of common shares on or about December 31, 2030.
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