BlackRock Insured Municipal Income Inves (NYSE:BAF) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be paid a dividend of 0.0685 per share on Thursday, February 1st. This represents a $0.82 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Friday, January 12th.
BlackRock Insured Municipal Income Inves has decreased its dividend payment by an average of 5.9% annually over the last three years.
BlackRock Insured Municipal Income Inves (BAF) opened at $14.89 on Friday. BlackRock Insured Municipal Income Inves has a one year low of $14.09 and a one year high of $15.58.
TRADEMARK VIOLATION NOTICE: This article was originally posted by Equities Focus and is the sole property of of Equities Focus. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://www.equitiesfocus.com/2018/01/07/blackrock-insured-municipal-income-inves-to-issue-monthly-dividend-of-0-07-baf.html.
BlackRock Insured Municipal Income Inves Company Profile
BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It seeks to achieve its investment objective by investing at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.
Receive News & Ratings for BlackRock Insured Municipal Income Inves Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Insured Municipal Income Inves and related companies with MarketBeat.com's FREE daily email newsletter.