BlackRock Municipal Income Trust II (BLE) To Go Ex-Dividend on September 13th
BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) announced a monthly dividend on Tuesday, September 4th, NASDAQ reports. Investors of record on Friday, September 14th will be paid a dividend of 0.058 per share on Monday, October 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date of this dividend is Thursday, September 13th.
BlackRock Municipal Income Trust II has decreased its dividend by an average of 10.3% annually over the last three years.
Shares of NYSEAMERICAN BLE traded down $0.02 during midday trading on Friday, reaching $13.52. 63,417 shares of the company traded hands, compared to its average volume of 63,372. BlackRock Municipal Income Trust II has a 52 week low of $13.31 and a 52 week high of $15.59.
BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. 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).
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