BlackRock MuniVest Fund Inc. (MVF) to Issue Monthly Dividend of $0.05 on October 2nd
BlackRock MuniVest Fund Inc. (NYSE:MVF) announced a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Friday, September 15th will be paid a dividend of 0.046 per share by the investment management company on Monday, October 2nd. This represents a $0.55 annualized dividend and a dividend yield of 5.59%. The ex-dividend date is Thursday, September 14th.
BlackRock MuniVest Fund has decreased its dividend payment by an average of 4.5% per year over the last three years.
Shares of BlackRock MuniVest Fund (NYSE MVF) traded down 0.10% during mid-day trading on Friday, hitting $9.87. 73,104 shares of the stock traded hands. BlackRock MuniVest Fund has a 52 week low of $9.34 and a 52 week high of $10.83. The firm’s 50-day moving average is $9.83 and its 200-day moving average is $9.73.
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About BlackRock MuniVest Fund
BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’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 prudent investment management.
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