BlackRock Taxable Municipal Bond Trust (BBN) To Go Ex-Dividend on February 13th

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.0986 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Taxable Municipal Bond Trust Stock Performance

BBN stock traded down $0.01 during mid-day trading on Wednesday, hitting $16.50. The stock had a trading volume of 12,992 shares, compared to its average volume of 246,910. BlackRock Taxable Municipal Bond Trust has a 1-year low of $15.37 and a 1-year high of $17.45. The company has a fifty day moving average of $16.56 and a 200 day moving average of $16.60.

BlackRock Taxable Municipal Bond Trust Company Profile

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.