Blackrock MuniEnhanced Fund Inc. (MEN) To Go Ex-Dividend on October 11th
Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.039 per share by the closed-end fund on Friday, November 1st. This represents a $0.47 annualized dividend and a yield of 4.09%. The ex-dividend date is Friday, October 11th.
Blackrock MuniEnhanced Fund has decreased its dividend by an average of 4.4% per year over the last three years.
NYSE MEN remained flat at $$11.44 during trading on Thursday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 61,735. The company has a 50-day moving average of $11.40 and a 200-day moving average of $11.04. Blackrock MuniEnhanced Fund has a fifty-two week low of $9.63 and a fifty-two week high of $11.55.
BlackRock MuniEnhanced Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal bonds that are exempt from federal income taxes.
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