Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) to Issue $0.09 Monthly Dividend

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0938 per share on Friday, November 1st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date of this dividend is Tuesday, October 15th.

Blackrock 2037 Municipal Target Term Trust Trading Down 0.2 %

Shares of BMN stock traded down $0.06 on Friday, hitting $25.14. The company’s stock had a trading volume of 5,003 shares, compared to its average volume of 19,055. Blackrock 2037 Municipal Target Term Trust has a fifty-two week low of $21.51 and a fifty-two week high of $26.14. The stock’s 50 day moving average is $25.09 and its 200-day moving average is $24.65.

Blackrock 2037 Municipal Target Term Trust Company Profile

Blackrock 2037 Municipal Target Term Trust is an close-ended fixed income mutual fund launched by Blackrock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily invests in n investment grade municipal securities that are rated BBB- or above by S&P and Fitch or Baa3 or above by Moody's.