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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by quinlashon Jun 03, 2022 11:55am
61 Views
Post# 34729768

RE:RE:RE:RE:RE:RE:Emails Replied to

RE:RE:RE:RE:RE:RE:Emails Replied toAre we now cosulting on your love life?  You only pop your cherry on the markets when you learn what moves the markets up and down and how to antispiate future events.  When you learn patience and how to pace yourself you can do well in the markets.  When it comes to women any old timer will tell you it's cheaper in the long run to rent vs. buy...  get past your 1st divorce and you will know what I mean


shooter300 wrote: You have lost 1000 times more  Credibility is like virginity. Once you lose it, you can never get it back.
quinlash wrote: Here is a link to Zacks which confirms my post to be accurate.

Taken from Zacks

EPS equals net earnings of the corporation divided by the number of shares outstanding. Because there are fewer shares after a reverse stock split but the earnings remain unchanged, the earnings per share increase. Assume the company earned $1 million and and has 1 million shares outstanding. EPS equals $1 million / 1 million, or $1. After 5-to-1 reverse split, the share count declines to 200,000. The new EPS is $5 ($1 million / 200,000). Hence, after a 5-to-1 reverse split, the EPS grows fivefold. In all reverse splits, the EPS multiplies by the split ratio.


Link to Source
https://finance.zacks.com/eps-increase-after-reverse-stock-split-6417.html



quinlash wrote: the company has until July 25th at which point they can request an extension to 2023.  Any consolidation, regardless of how big or how small, reduces the sharecount.  

When the sharecount is reduced the probability of a EPS positive report is increased.

EPS = Earnings PER SHARE, less shares means it is easier to make that number positive.


 

 




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