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The Board of Trustees of BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) has announced its initial monthly distribution of $0.093750 per share, set to be paid on February 1, 2023. The ex-date is January 12, 2023, and the record date is January 13, 2023. This distribution corresponds to a yield of 4.50% based on the Trust's IPO price of $25.00 per share. Investors can find updates on performance and other material data on BlackRock's official website, reaffirming the Trust's focus on delivering financial well-being to its stakeholders.
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