BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) to Issue $0.04 Monthly Dividend

BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) declared a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.041 per share on Monday, March 31st. This represents a $0.49 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Enhanced Government Fund Stock Up 0.9 %

Shares of EGF stock traded up $0.09 during midday trading on Tuesday, reaching $9.79. 3,696 shares of the stock were exchanged, compared to its average volume of 4,168. BlackRock Enhanced Government Fund has a 1 year low of $9.05 and a 1 year high of $11.51. The company’s 50 day moving average is $9.72 and its two-hundred day moving average is $9.86.

BlackRock Enhanced Government Fund Company Profile

BlackRock Enhanced Government Fund, 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 primarily invests in a portfolio of United States government and government agency securities, including the U.S.