BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE – Get Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.054 per share on Tuesday, December 31st. This represents a $0.65 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date of this dividend is Monday, December 16th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 15.5% per year over the last three years.
BlackRock Municipal Income Trust II Trading Down 1.5 %
Shares of BlackRock Municipal Income Trust II stock traded down $0.17 during trading on Friday, reaching $10.80. 211,120 shares of the company traded hands, compared to its average volume of 96,564. BlackRock Municipal Income Trust II has a 1-year low of $10.27 and a 1-year high of $11.41.
BlackRock Municipal Income Trust II Company Profile
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.
Recommended Stories
- Five stocks we like better than BlackRock Municipal Income Trust II
- Health Care Stocks Explained: Why You Might Want to Invest
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Texas Instruments: The Old-School Tech Titan Still Delivering
- What is a Dividend King?
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for BlackRock Municipal Income Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Income Trust II and related companies with MarketBeat.com's FREE daily email newsletter.
