Blackrock 2037 Municipal Target Term Trust (BMN) to Issue Monthly Dividend of $0.09 on September 3rd

Posted by Stacy Sanders on Aug 13th, 2024

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN – Get Free Report) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.094 per share on Tuesday, September 3rd. This represents a $1.13 annualized dividend and a dividend yield of 4.53%. The ex-dividend date of this dividend is Thursday, August 15th. This is a boost from Blackrock 2037 Municipal Target Term Trust’s previous monthly dividend of $0.09.

Blackrock 2037 Municipal Target Term Trust Trading Down 0.2 %

BMN stock opened at $24.90 on Tuesday. The company has a 50 day simple moving average of $24.63. Blackrock 2037 Municipal Target Term Trust has a 12-month low of $21.51 and a 12-month high of $25.10.

About Blackrock 2037 Municipal Target Term Trust

(Get Free Report)

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.