BlackRock MuniVest Fund, Inc. (NYSE:MVF – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.036 per share on Thursday, May 1st. This represents a $0.43 dividend on an annualized basis and a dividend yield of 6.16%. The ex-dividend date of this dividend is Tuesday, April 15th.
BlackRock MuniVest Fund has decreased its dividend by an average of 1.5% annually over the last three years.
BlackRock MuniVest Fund Trading Down 1.1 %
NYSE MVF opened at $7.01 on Friday. BlackRock MuniVest Fund has a 52 week low of $6.74 and a 52 week high of $7.64. The firm has a 50 day moving average of $7.18 and a two-hundred day moving average of $7.28.
About BlackRock MuniVest Fund
BlackRock MuniVest 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 the fixed income markets of the United States. It primarily invests in investment grade, long term municipal obligations that are exempt from federal income taxes.
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