BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) declared a — dividend on Thursday, September 5th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.0355 per share by the investment management company on Tuesday, October 1st. This represents a yield of 4.5%. The ex-dividend date is Friday, September 13th.
BlackRock MuniVest Fund has decreased its dividend by an average of 5.3% annually over the last three years.
MVF traded down $0.03 during midday trading on Thursday, reaching $9.27. 14,691 shares of the company’s stock were exchanged, compared to its average volume of 118,586. BlackRock MuniVest Fund has a 1-year low of $8.07 and a 1-year high of $9.52.
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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