BlackRock Municipal Bond Investment Trust About To Put More Money In Your Pocket (BIE)

Looking at the universe of stocks we cover at Dividend Channel, on 10/11/13, BlackRock Municipal Bond Investment Trust ( BIE) will trade ex-dividend, for its monthly dividend of $0.076, payable on 11/1/13. As a percentage of BIE's recent stock price of $13.56, this dividend works out to approximately 0.56%, so look for shares of BlackRock Municipal Bond Investment Trust to trade 0.56% lower — all else being equal — when BIE shares open for trading on 10/11/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for BIE, showing historical dividends prior to the most recent $0.076 declared by BlackRock Municipal Bond Investment Trust:

BIE+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 BIE is likely to continue, and whether the current estimated yield of 6.73% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BIE shares, versus its 200 day moving average:

BlackRock Municipal Bond Investment Trust 200 Day Moving Average Chart

Looking at the chart above, BIE's low point in its 52 week range is $12.60 per share, with $17.99 as the 52 week high point — that compares with a last trade of $13.56.

In Wednesday trading, BlackRock Municipal Bond Investment Trust shares are currently trading flat on the day.
null

If you liked this article you might like

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: BIE, MAV, VKQ

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Thursday: BIE, HNW, MVF

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: BIE, BLE, ERC

3 Stocks Going Ex-Dividend Monday: BIE, MQT, NQM

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: BIE, MVT, NQM