BlackRock Municipal Income Quality Trust (NYSE:BYM) Declares $0.06 Monthly Dividend

BlackRock Municipal Income Quality Trust (NYSE:BYM) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0555 per share on Monday, March 3rd. This represents a $0.67 annualized dividend and a dividend yield of 5.88%. The ex-dividend date is Friday, February 14th.

BlackRock Municipal Income Quality Trust has decreased its dividend payment by an average of 2.7% per year over the last three years.

BlackRock Municipal Income Quality Trust Stock Performance

NYSE:BYM traded up $0.05 during trading hours on Tuesday, reaching $11.33. The company’s stock had a trading volume of 82,240 shares, compared to its average volume of 84,988. The stock has a 50 day moving average price of $11.17 and a two-hundred day moving average price of $11.57. BlackRock Municipal Income Quality Trust has a 12 month low of $10.65 and a 12 month high of $12.38.

About BlackRock Municipal Income Quality Trust

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.