Blackrock MuniEnhanced Fund Inc. (MEN) to Issue Monthly Dividend of $0.06 on December 1st
Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.0565 per share by the closed-end fund on Friday, December 1st. This represents a $0.68 annualized dividend and a yield of 5.65%. The ex-dividend date is Tuesday, November 14th.
Blackrock MuniEnhanced Fund has decreased its dividend by an average of 0.7% per year over the last three years.
Shares of Blackrock MuniEnhanced Fund (NYSE:MEN) opened at $12.01 on Thursday. Blackrock MuniEnhanced Fund has a 1 year low of $10.92 and a 1 year high of $12.46.
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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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