BlackRock MuniVest Fund Inc. (NYSE:MVF) announced a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Investors of record on Tuesday, August 15th will be paid a dividend of 0.046 per share by the investment management company on Friday, September 1st. This represents a $0.55 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend is Friday, August 11th.
BlackRock MuniVest Fund has decreased its dividend by an average of 4.5% annually over the last three years.
Shares of BlackRock MuniVest Fund (NYSE:MVF) traded up 0.98% during mid-day trading on Friday, reaching $9.89. The company had a trading volume of 77,414 shares. BlackRock MuniVest Fund has a 12-month low of $9.34 and a 12-month high of $11.05. The firm has a 50-day moving average of $9.78 and a 200-day moving average of $9.75.
BlackRock MuniVest Fund Company Profile
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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