Blackrock Municipal Income Trust (BFK) Earns Daily Coverage Optimism Score of 0.31
News coverage about Blackrock Municipal Income Trust (NYSE:BFK) has trended positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blackrock Municipal Income Trust earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 47.2606366855486 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Blackrock Municipal Income Trust (NYSE BFK) traded down $0.03 during mid-day trading on Tuesday, hitting $13.35. 7,461 shares of the stock traded hands, compared to its average volume of 125,565. Blackrock Municipal Income Trust has a one year low of $13.10 and a one year high of $14.72.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be given a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.78 annualized dividend and a yield of 5.84%.
BlackRock Municipal Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes.
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