Blackrock Taxable Municipal Bond Trust (NYSE:BBN) declared a monthly dividend on Friday, February 10th. Investors of record on Wednesday, February 15th will be given a dividend of 0.1318 per share by the investment management company on Tuesday, February 28th. This represents a $1.58 annualized dividend and a yield of 6.97%. The ex-dividend date is Monday, February 13th.
Blackrock Taxable Municipal Bond Trust (NYSE:BBN) opened at 22.69 on Friday. The company’s 50-day moving average price is $21.93 and its 200 day moving average price is $22.93. Blackrock Taxable Municipal Bond Trust has a 52-week low of $19.50 and a 52-week high of $25.58.
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Blackrock Taxable Municipal Bond Trust Company Profile
BlackRock Taxable Municipal Bond Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to seek high current income, with a secondary objective of capital appreciation. The Trust seeks to achieve its investment objectives by investing primarily in a portfolio of taxable municipal securities, including Build America Bonds (BABs), issued by state and local governments to finance capital projects, such as public schools, roads, transportation infrastructure, bridges, ports and public buildings.
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