BlackRock Taxable Municipal Bond Trust Declares Monthly Dividend of $0.10 (NYSE:BBN)

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) announced a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.0986 per share by the investment management company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Taxable Municipal Bond Trust Stock Down 0.5%

Shares of NYSE:BBN opened at $16.76 on Friday. BlackRock Taxable Municipal Bond Trust has a fifty-two week low of $15.37 and a fifty-two week high of $17.45. The firm’s 50 day moving average price is $17.00 and its 200 day moving average price is $16.47.

About BlackRock Taxable Municipal Bond Trust

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.