BlackRock Municipal Income Quality Trust (BYM) to Issue Monthly Dividend of $0.06 on December 1st

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.0555 per share on Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock Municipal Income Quality Trust Stock Performance

BlackRock Municipal Income Quality Trust stock opened at $11.02 on Wednesday. BlackRock Municipal Income Quality Trust has a 1 year low of $10.06 and a 1 year high of $11.78. The company’s 50-day moving average is $10.95 and its two-hundred day moving average is $10.64.

Institutional Trading of BlackRock Municipal Income Quality Trust

A number of institutional investors have recently modified their holdings of BYM. Financial Gravity Companies Inc. acquired a new position in shares of BlackRock Municipal Income Quality Trust during the 2nd quarter worth about $35,000. Caldwell Trust Co bought a new position in BlackRock Municipal Income Quality Trust during the second quarter worth about $74,000. Allworth Financial LP bought a new position in BlackRock Municipal Income Quality Trust during the 2nd quarter worth $103,000. Nomura Holdings Inc. acquired a new stake in BlackRock Municipal Income Quality Trust during the second quarter worth about $106,000. Finally, Catalina Capital Group LLC bought a new position in shares of BlackRock Municipal Income Quality Trust in the 3rd quarter valued at $124,000.

About BlackRock Municipal Income Quality Trust

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.