Dividend Information About BlackRock Municipal: Everything You Need to Know Before Its Exdividend Date Sept 15, 2025

BlackRock Municipal Income Quality Trust (BYM) has announced a cash dividend of $0.0555 per share, with the ex-dividend date set for Sep 15, 2025. This dividend is expected to be distributed on Oct 1, 2025, following the announcement made on Sep 2, 2025. This payout is slightly lower than the average of the last 10 dividends, which stood at $0.0636 per share. The most recent dividend was also issued on Sep 2, 2025, in the form of a cash distribution. Investors should note that any shares purchased on or after the ex-dividend date will not be eligible for this payout.

Over the past week, BlackRock Municipal Income Quality Trust has been at the center of several key developments. Most notably, the company’s recent announcement of a cash dividend is part of its ongoing commitment to delivering consistent returns to shareholders. Meanwhile, the BlackRock Multi-Sector Income Trust (BIT), another entity under the BlackRock umbrella, recently completed a successful rights offering. This offering, which expired on Sep 9, 2025, allowed investors to subscribe for over 14 million common shares at a subscription price of $13.01 per share. The offering was oversubscribed, prompting the fund to exercise its over-subscription privilege. This move underscores strong investor demand and confidence in the fund's strategy, particularly in the current fixed-income market environment where risk-adjusted yields are seen as attractive.

Since the last update, BlackRock has also signaled optimism regarding the broader fixed-income credit markets. Portfolio managers highlighted the resilience of fundamentals and the potential for lower financing costs in the coming quarters, which could support stable monthly distributions and enhanced income for shareholders. Additionally, as of late, BlackRock Municipal Income Quality Trust has maintained a consistent structure where executive officers, including the CEO and CFO, do not receive direct compensation from the fund—a structure that is typical for many closed-end funds.

Looking ahead, BlackRock plans to allocate the proceeds from BIT’s recent offering in line with its investment objectives, potentially strengthening its ability to deliver long-term value. Investors are encouraged to monitor the fund's performance and strategic updates, which are typically posted monthly on BlackRock’s website.

The ex-dividend date of Sep 15, 2025, is the final opportunity for investors to purchase BYM shares and be eligible for the upcoming dividend. Any shares acquired on or after this date will not qualify for the distribution.