In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BTT is likely to continue, and whether the current estimated yield of 2.45% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BTT shares, versus its 200 day moving average:
Looking at the chart above, BTT's low point in its 52 week range is $21.90 per share, with $23.09 as the 52 week high point — that compares with a last trade of $22.75.
BlackRock Municipal Target Term Trust is in our coverage universe of monthly dividend paying stocks. In Monday trading, BlackRock Municipal Target Term Trust shares are currently down about 0.1% on the day.
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Further BTT Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
