Blackrock 2037 Municipal Target Term Trust (BMN) to Issue Monthly Dividend of $0.09 on February 2nd

Blackrock 2037 Municipal Target Term Trust (NYSE:BMNGet Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be given a dividend of 0.0938 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, January 20th.

Blackrock 2037 Municipal Target Term Trust Price Performance

Shares of NYSE:BMN opened at $26.39 on Friday. Blackrock 2037 Municipal Target Term Trust has a 12-month low of $23.04 and a 12-month high of $26.47. The business has a 50 day moving average of $25.42 and a two-hundred day moving average of $24.95.

Blackrock 2037 Municipal Target Term Trust Company Profile

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BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) is a closed-end management investment company sponsored by BlackRock, Inc, one of the world’s largest asset managers. The trust was established to provide investors with exposure to a diversified portfolio of U.S. municipal securities and seeks to deliver federally tax-exempt income. As a target-term fund, BMN has a predetermined termination date of January 23, 2037, at which time the trust’s assets will be liquidated and net proceeds distributed to shareholders.

The fund’s investment objective is current income exempt from regular U.S.

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Dividend History for Blackrock 2037 Municipal Target Term Trust (NYSE:BMN)

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