Blackrock 2037 Municipal Target Term Trust (BMN) to Issue Monthly Dividend of $0.09 on August 1st

Blackrock 2037 Municipal Target Term Trust (NYSE:BMN) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0938 per share on Thursday, August 1st. This represents a $1.13 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Monday, July 15th.

Blackrock 2037 Municipal Target Term Trust Price Performance

BMN stock opened at $24.54 on Wednesday. The business’s 50-day moving average price is $24.42. Blackrock 2037 Municipal Target Term Trust has a 1 year low of $21.51 and a 1 year high of $25.05.

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.