BlackRock Municipal Income Quality Trust About To Put More Money In Your Pocket (BYM)

Looking at the universe of stocks we cover at Dividend Channel, on 4/11/13, BlackRock Municipal Income Quality Trust (BYM) BYM will trade ex-dividend, for its monthly dividend of $0.078, payable on 5/1/13. As a percentage of BYM's recent stock price of $15.88, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for BYM, showing historical dividends prior to the most recent $0.078 declared by BlackRock Municipal Income Quality Trust:

BYM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BYM is likely to continue, and whether the current estimated yield of 5.89% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, BlackRock Municipal Income Quality Trust shares are currently trading flat on the day.

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