BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Plans Monthly Dividend of $0.04

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0395 per share on Monday, June 3rd. This represents a $0.47 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Tuesday, May 14th. This is a boost from BlackRock Virginia Municipal Bond Trust’s previous monthly dividend of $0.03.

BlackRock Virginia Municipal Bond Trust has decreased its dividend by an average of 14.9% per year over the last three years.

BlackRock Virginia Municipal Bond Trust Price Performance

BlackRock Virginia Municipal Bond Trust stock traded up $0.12 during midday trading on Friday, hitting $10.71. 895 shares of the company were exchanged, compared to its average volume of 3,660. BlackRock Virginia Municipal Bond Trust has a fifty-two week low of $8.85 and a fifty-two week high of $12.08.

About BlackRock Virginia Municipal Bond Trust

Blackrock Virginia Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of United States. It primarily invests in the investment grade municipal bonds exempt from federal income taxes and Virginia personal income taxes.