BlackRock MuniVest Fund, Inc. (MVF) to Issue Monthly Dividend of $0.04 on February 2nd

BlackRock MuniVest Fund, Inc. (NYSE:MVF) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.036 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Tuesday, January 20th.

BlackRock MuniVest Fund Price Performance

NYSE:MVF traded up $0.01 during mid-day trading on Friday, hitting $7.04. The company’s stock had a trading volume of 93,753 shares, compared to its average volume of 136,542. The business’s fifty day moving average is $6.93 and its two-hundred day moving average is $6.83. BlackRock MuniVest Fund has a 1 year low of $6.43 and a 1 year high of $7.37.

BlackRock MuniVest Fund Company Profile

BlackRock MuniVest Fund, Inc (NYSE: MVF) is an actively managed, closed-end investment company that seeks to provide current income exempt from federal income tax, with a secondary objective of capital appreciation. The Fund primarily invests in investment-grade municipal securities issued by U.S. states, territories, municipalities, agencies and authorities. By focusing on high-quality tax-exempt bonds, the fund aims to deliver a steady stream of federally tax-exempt distributions to its shareholders.

The fund’s portfolio typically includes bonds across a range of maturities and sectors, with an emphasis on intermediate to long-term durations.