BlackRock Insured Municipal Income Inves (NYSE:BAF) Announces $0.05 Monthly Dividend

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BlackRock Insured Municipal Income Inves (NYSE:BAF) announced a monthly dividend on Tuesday, December 10th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0515 per share on Tuesday, December 31st. This represents a $0.62 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, December 13th.

Shares of BAF traded up $0.03 during trading hours on Wednesday, hitting $14.30. 86 shares of the company were exchanged, compared to its average volume of 20,785. BlackRock Insured Municipal Income Inves has a fifty-two week low of $12.53 and a fifty-two week high of $14.87. The firm’s fifty day moving average is $14.26 and its 200 day moving average is $14.32.

About BlackRock Insured Municipal Income Inves

BlackRock Municipal Income Investment 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 fixed income markets of United States. It primarily invests in municipal bonds exempt from federal income taxes, including the alternative minimum tax and also in municipal bonds that are investment grade quality at the time of investment.

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Dividend History for BlackRock Insured Municipal Income Inves (NYSE:BAF)

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