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.

WARNING: This article was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2017/09/09/blackrock-munivest-fund-inc-mvf-to-issue-monthly-dividend-of-0-05-on-october-2nd.html.

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.

Dividend History for BlackRock MuniVest Fund (NYSE:MVF)

Receive News & Stock Ratings for BlackRock MuniVest Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniVest Fund Inc. and related stocks with our FREE daily email newsletter.