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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.0986 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Taxable Municipal Bond Trust Trading Down 0.3%

Shares of NYSE:BBN traded down $0.05 during midday trading on Wednesday, hitting $16.21. 92,682 shares of the stock were exchanged, compared to its average volume of 220,885. The company has a 50 day moving average price of $16.41 and a 200-day moving average price of $16.65. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.37 and a twelve month high of $17.45.

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.