BlackRock Taxable Municipal Bond Trust (NYSE:BBN) to Issue Monthly Dividend of $0.10

by · The Markets Daily

BlackRock Taxable Municipal Bond Trust (NYSE:BBN – Get Free Report) declared a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.0986 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock Taxable Municipal Bond Trust Stock Performance

Shares of BBN opened at $15.28 on Friday. BlackRock Taxable Municipal Bond Trust has a twelve month low of $15.21 and a twelve month high of $17.45. The firm’s fifty day simple moving average is $15.83 and its 200-day simple moving average is $15.99.

BlackRock Taxable Municipal Bond Trust Company Profile

(Get Free Report)

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.

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