BlackRock Insured Municipal Income Trust (BYM) to Issue Monthly Dividend of $0.05 on December 31st

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BlackRock Insured Municipal Income Trust (NYSE:BYM) announced a monthly dividend on Tuesday, December 10th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.048 per share on Tuesday, December 31st. This represents a $0.58 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend is Friday, December 13th.

Shares of BYM traded down $0.02 on Wednesday, hitting $14.06. 200 shares of the stock traded hands, compared to its average volume of 51,487. The stock’s 50 day moving average is $13.93 and its two-hundred day moving average is $13.92. BlackRock Insured Municipal Income Trust has a 1 year low of $12.37 and a 1 year high of $14.29.

BlackRock Insured Municipal Income Trust Company Profile

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.

Further Reading: Differences Between Momentum Investing and Long Term Investing

Dividend History for BlackRock Insured Municipal Income Trust (NYSE:BYM)

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