Blackrock Investment Quality Municipal Trust (NYSE:BKN) to Issue Monthly Dividend of $0.06

Blackrock Investment Quality Municipal Trust (NYSE:BKN) announced a monthly dividend on Saturday, January 3rd. Stockholders of record on Tuesday, January 20th will be given a dividend of 0.057 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Tuesday, January 20th.

Blackrock Investment Quality Municipal Trust Stock Performance

Shares of BKN stock opened at $11.19 on Monday. The firm has a fifty day moving average of $11.19 and a 200-day moving average of $11.05. Blackrock Investment Quality Municipal Trust has a 52-week low of $10.22 and a 52-week high of $11.83.

About Blackrock Investment Quality Municipal Trust

BlackRock Investment Quality Municipal Trust, Inc (NYSE: BKN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from regular federal income tax. The trust primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. By focusing on high-quality credits, the fund aims to balance income generation with a conservative risk profile suitable for income-oriented investors.

The portfolio strategy emphasizes fundamental credit research and sector diversification across the U.S.