BlackRock Municipal Income Trust II (BLE) has announced a monthly dividend of $0.054 per share, payable on Jul 1, 2025. The ex-dividend date is set for Jun 13, 2025, and the announcement was made on Jun 2, 2025. This current dividend is slightly higher than the average of the last ten dividends, which was approximately $0.051. The last dividend, declared on Jun 2, 2025, also stood at $0.054 per share. The dividend type is a cash dividend.
In recent developments,
has been actively seeking to deliver substantial scale benefits to its municipal closed-end fund (CEF) shareholders. This initiative aligns with the recent board approvals aimed at enhancing shareholder value. Concurrently,
Income Trust II declared a $0.054 per share monthly dividend with a forward yield of 6.51%, echoing the figures outlined in their latest announcement. This dividend is scheduled for payment on Jul 1, 2025, to shareholders of record as of Jun 13, 2025.
Additionally, over the past week, BlackRock's strategy of merging municipal funds, including
and BYM, has gained traction. This merger approach has been part of an ongoing trend to consolidate resources and optimize fund performance. Analysts have indicated that these mergers could potentially impact the performance of the municipal funds under BlackRock's management.
Concluding these insights, BlackRock Municipal Income Trust II's announcement of a $0.054 dividend per share marks a continued commitment to its shareholders. The ex-dividend date of Jun 13, 2025, is crucial for investors, as it is the final opportunity to purchase the company's stock and be eligible for the upcoming dividend. Any acquisitions post this date will not qualify for this dividend cycle.
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