Dividend Information about BlackRock 2037: Everything You Need To Know Before Its Ex-Dividend Date on Oct 15, 2025

BlackRock 2037 Municipal Target Term Trust (BMN) has recently announced a cash dividend of $0.09375 per share, with an ex-dividend date set for Oct 15, 2025. The dividend was officially declared on Oct 1, 2025, and will be distributed to shareholders on Nov 3, 2025. This payout aligns precisely with the average of the last 10 dividend payments, which also stood at $0.09375 per share, indicating consistency in the trust’s dividend policy. The last dividend payment for BMN occurred on the same date as the announcement—Oct 1, 2025—and was also a cash dividend. Investors should note that the ex-dividend date, Oct 15, 2025, is the final opportunity to purchase shares and receive this upcoming dividend, as any trades executed after that date will not qualify for the distribution.

Recently, BMN has been making headlines due to several notable developments. Over the past week, the trust announced a variable rate preferred share issuance on Oct 1, 2025, marking a significant move to adjust its capital structure and potentially attract a broader range of investors. Since the last update, certain BlackRock closed-end funds, including BMN, have declared distributions, with a recent declaration on Mar 3, 2025, highlighting the trust’s ongoing commitment to maintaining a steady income stream for shareholders. Additionally, as of late, the trust’s stock price stood at $25.04 as of Oct 7, 2025, with a market cap reflecting the fund’s size and stability in the municipal bond market. The fund currently trades at a discount of approximately 2.1% and offers an annualized dividend yield of roughly 0.0451, based on the most recent data. These fundamentals, combined with the recent issuance activity, indicate that BMN is actively managing its capital to support long-term performance and investor returns.

In summary, BlackRock 2037 Municipal Target Term Trust is demonstrating strategic moves to enhance its capital structure and maintain its dividend distribution pattern. With the ex-dividend date set for Oct 15, 2025, investors should be aware that this is the last day to purchase shares and still be eligible to receive the upcoming $0.09375 per share dividend. Any investment made after this date will not be entitled to the dividend for this declaration. As the fund continues to navigate the evolving market, its recent actions suggest a focus on stability and performance, positioning it well for future growth.