BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0986 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 15th.
BlackRock Taxable Municipal Bond Trust Stock Performance
BBN opened at $15.23 on Friday. BlackRock Taxable Municipal Bond Trust has a one year low of $15.21 and a one year high of $17.45. The company has a fifty day moving average price of $15.81 and a 200-day moving average price of $15.99.
BlackRock Taxable Municipal Bond Trust Company Profile
The BlackRock Taxable Municipal Bond Trust (NYSE:BBN) is a closed-end management investment company that seeks to provide current income and preservation of capital through a diversified portfolio of taxable municipal debt securities. Advisement and portfolio management services are provided by BlackRock Advisors, LLC, leveraging the firm’s global credit research and trading capabilities to analyze risk and identify opportunities within the municipal bond sector.
Since its inception in 1989, BBN has invested primarily in investment-grade and non-investment-grade municipal obligations issued by U.S.
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