Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be given a dividend of 0.0993 per share on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, December 11th.
Blackrock 2037 Municipal Target Term Trust Trading Down 1.6%
BMN opened at $24.56 on Friday. The business’s 50-day simple moving average is $25.43 and its 200-day simple moving average is $25.88. Blackrock 2037 Municipal Target Term Trust has a one year low of $24.45 and a one year high of $27.96.
Blackrock 2037 Municipal Target Term Trust Company Profile
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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