BlackRock MuniVest Fund II, Inc. to Issue Monthly Dividend of $0.05 (NYSE:MVT)

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.054 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Friday, February 6th.

BlackRock MuniVest Fund II Stock Performance

MVT traded down $0.04 on Wednesday, hitting $10.91. The company had a trading volume of 485 shares, compared to its average volume of 35,402. BlackRock MuniVest Fund II has a 52-week low of $9.71 and a 52-week high of $11.19. The stock has a fifty day simple moving average of $10.74 and a 200-day simple moving average of $10.59.

BlackRock MuniVest Fund II Company Profile

BlackRock MuniVest Fund II (NYSE: MVT) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Listed on the New York Stock Exchange, the fund primarily invests in a diversified portfolio of U.S. municipal obligations, including general obligation bonds, revenue bonds and variable rate instruments. As a municipally focused fund, it aims to capture tax-efficient yields while managing credit and duration risk.

The fund’s investment strategy emphasizes fundamental credit analysis and sector diversification across various issuers at the state, city and local levels.