Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock Municipal Income Trust (BFK)BFK will trade ex-dividend, for its monthly dividend of $0.0801, payable on 5/1/13. As a percentage of BFK's recent stock price of $15.17, this dividend works out to approximately 0.53%, so look for shares of BlackRock Municipal Income Trust to trade 0.53% lower — all else being equal — when BFK shares open for trading on 4/11/13.
Below is a dividend history chart for BFK, showing historical dividends prior to the most recent $0.0801 declared by BlackRock Municipal Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BFK is likely to continue, and whether the current estimated yield of 6.34% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, BFK makes up 1.38% of the CEF Municipal Income ETF (XMPT)XMPT which is trading relatively unchanged on the day Tuesday.
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