Blackrock Investment Quality Municipal Trust (NYSE:BKN) to Issue Monthly Dividend of $0.06

Blackrock Investment Quality Municipal Trust (NYSE:BKN) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.057 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, February 6th.

Blackrock Investment Quality Municipal Trust Trading Up 0.2%

Shares of BKN traded up $0.02 during trading hours on Wednesday, hitting $11.53. The company had a trading volume of 100,405 shares, compared to its average volume of 43,811. Blackrock Investment Quality Municipal Trust has a one year low of $10.22 and a one year high of $11.83. The company’s fifty day moving average price is $11.25 and its two-hundred day moving average price is $11.12.

Blackrock Investment Quality Municipal Trust Company Profile

BlackRock Investment Quality Municipal Trust, Inc (NYSE: BKN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The trust primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. By focusing on high-quality credits, the fund aims to balance income generation with a conservative risk profile suitable for income-oriented investors.

The portfolio strategy emphasizes fundamental credit research and sector diversification across the U.S.