BlackRock announces increased monthly dividends for several municipal bond funds.

BlackRock has announced monthly dividends for several of its municipal bond funds. The BlackRock Long-Term Municipal Advantage Trust (BTA) will pay $0.05 per share, yielding 5.60%, with a record date of October 15. The California Municipal Income Trust (BFZ) will pay $0.059 per share, yielding 5.86%. Both BlackRock Municipal Income Trust II (BLE) and Municipal Income Quality Trust (BYM) will pay $0.05 and $0.06, yielding 5.81% and 5.56%, respectively.

October 13, 2024
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