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BKN

BlackRock Investment Quality Municipal Trust NYSE:BKN Stock Report

Last Price

US$11.32

Market Cap

US$194.8m

7D

1.4%

1Y

-25.7%

Updated

31 May, 2023

Data

Company Financials

BlackRock Investment Quality Municipal Trust Inc.

NYSE:BKN Stock Report

Mkt Cap: US$194.8m

BKN Stock Overview

BlackRock Investment Quality Municipal Trust Inc.

BKN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

BlackRock Investment Quality Municipal Trust Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for BlackRock Investment Quality Municipal Trust
Historical stock prices
Current Share PriceUS$11.32
52 Week HighUS$16.34
52 Week LowUS$10.75
Beta0.41
1 Month Change-1.91%
3 Month Change-3.62%
1 Year Change-25.72%
3 Year Change-26.92%
5 Year Change-18.33%
Change since IPO-24.53%

Recent News & Updates

BlackRock Investment Quality Municipal Trust declares $0.0445 dividend

Feb 03

BlackRock Investment Quality Municipal Trust declares $0.0445 dividend

Jan 06

BlackRock Investment Quality Municipal Trust cut dividend by -17.6% to $0.0445/share

Dec 09

BlackRock Investment Quality Municipal Trust declares $0.054 dividend

Nov 07

BlackRock Investment Quality Municipal Trust declines dividend by 20.6% to $0.054

Oct 06

Recent updates

BlackRock Investment Quality Municipal Trust declares $0.0445 dividend

Feb 03

BlackRock Investment Quality Municipal Trust declares $0.0445 dividend

Jan 06

BlackRock Investment Quality Municipal Trust cut dividend by -17.6% to $0.0445/share

Dec 09

BlackRock Investment Quality Municipal Trust declares $0.054 dividend

Nov 07

BlackRock Investment Quality Municipal Trust declines dividend by 20.6% to $0.054

Oct 06

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Sep 02

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Aug 02

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Jul 05

BKN: Strong Municipal Bond CEF, Diversified Holdings, 5.3% Distribution Yield, Industry-Beating Returns

Feb 27

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Jun 02

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

May 07

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Feb 04

BlackRock Investment Quality Municipal Trust declares $0.068 dividend

Nov 03

Shareholder Returns

BKNUS Capital MarketsUS Market
7D1.4%1.1%1.0%
1Y-25.7%-5.4%-0.2%

Return vs Industry: BKN underperformed the US Capital Markets industry which returned -6.1% over the past year.

Return vs Market: BKN underperformed the US Market which returned -0.1% over the past year.

Price Volatility

Is BKN's price volatile compared to industry and market?
BKN volatility
BKN Average Weekly Movement1.4%
Capital Markets Industry Average Movement0.8%
Market Average Movement6.5%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: BKN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: BKN's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.blackrock.com/investing/products/240215/blackrock-investment-quality-municipal-trust-usd-fund

BlackRock Investment Quality Municipal Trust Inc. 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. It invests primarily in investment grade municipal bonds municipal obligations exempt from federal income taxes.

BlackRock Investment Quality Municipal Trust Inc. Fundamentals Summary

How do BlackRock Investment Quality Municipal Trust's earnings and revenue compare to its market cap?
BKN fundamental statistics
Market CapUS$194.78m
Earnings (TTM)-US$36.22m
Revenue (TTM)US$16.96m

11.5x

P/S Ratio

-5.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKN income statement (TTM)
RevenueUS$16.96m
Cost of RevenueUS$0
Gross ProfitUS$16.96m
Other ExpensesUS$53.19m
Earnings-US$36.22m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.11
Gross Margin100.00%
Net Profit Margin-213.54%
Debt/Equity Ratio72.8%

How did BKN perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

-39%

Payout Ratio