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

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.0986 per share by the investment management company on Monday, November 30th. This represents a $1.18 annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Taxable Municipal Bond Trust Trading Down 1.8%

NYSE:BBN opened at $14.60 on Wednesday. BlackRock Taxable Municipal Bond Trust has a 12-month low of $14.16 and a 12-month high of $17.45. The stock has a 50-day moving average price of $14.78 and a 200 day moving average price of $15.75.

BlackRock Taxable Municipal Bond Trust Company Profile

BlackRock Taxable Municipal Bond Trust (NYSE: BBN) is a closed-end investment fund managed by BlackRock Advisors, LLC. The trust seeks to provide current income by investing primarily in taxable municipal bonds and other municipal obligations issued by states, cities, counties, and related governmental entities in the United States. The fund’s portfolio may include Build America Bonds and other taxable municipal securities that finance public infrastructure and services, such as transportation, education, utilities, and healthcare facilities.