Blackrock MuniEnhanced Fund (MEN) Receiving Somewhat Favorable News Coverage, Analysis Shows
News stories about Blackrock MuniEnhanced Fund (NYSE:MEN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackrock MuniEnhanced Fund earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the closed-end fund an impact score of 45.8371153006979 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Blackrock MuniEnhanced Fund (NYSE:MEN) traded up 0.49% during midday trading on Tuesday, hitting $12.21. 14,779 shares of the stock were exchanged. Blackrock MuniEnhanced Fund has a 1-year low of $10.92 and a 1-year high of $12.97. The company’s 50 day moving average is $12.24 and its 200-day moving average is $11.80.
The firm also recently announced a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be paid a $0.056 dividend. The ex-dividend date is Friday, August 11th. This represents a $0.67 dividend on an annualized basis and a yield of 5.53%.
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About Blackrock MuniEnhanced Fund
BlackRock MuniEnhanced Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and investment management.
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