Blackrock Maryland Municipal Bond Trust (BZM) to Issue Monthly Dividend of $0.05 on October 2nd
Blackrock Maryland Municipal Bond Trust (NYSE:BZM) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Friday, September 15th will be given a dividend of 0.0474 per share on Monday, October 2nd. This represents a $0.57 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, September 14th.
Blackrock Maryland Municipal Bond Trust has decreased its dividend payment by an average of 7.7% per year over the last three years.
Blackrock Maryland Municipal Bond Trust (BZM) traded up 0.6789% during trading on Wednesday, hitting $14.2662. 1,900 shares of the stock traded hands. The company’s 50 day moving average price is $14.51 and its 200 day moving average price is $14.50. Blackrock Maryland Municipal Bond Trust has a 12 month low of $13.81 and a 12 month high of $17.00.
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Blackrock Maryland Municipal Bond Trust Company Profile
BlackRock Maryland Municipal Bond Trust is a non-diversified, closed-end municipal bond fund. The Trust’s investment objective is to provide current income exempt from regular federal income taxes and Maryland personal income taxes. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Maryland personal income taxes.
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