BlackRock MuniVest Fund, Inc. (NYSE:MVF – Get Free Report) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.036 per share on Tuesday, December 31st. This represents a $0.43 dividend on an annualized basis and a yield of 5.96%. The ex-dividend date of this dividend is Monday, December 16th.
BlackRock MuniVest Fund has decreased its dividend payment by an average of 13.4% per year over the last three years.
BlackRock MuniVest Fund Price Performance
NYSE MVF traded down $0.09 on Friday, reaching $7.25. 181,522 shares of the stock were exchanged, compared to its average volume of 121,285. BlackRock MuniVest Fund has a one year low of $6.73 and a one year high of $7.64. The company’s 50-day simple moving average is $7.39 and its two-hundred day simple moving average is $7.36.
About BlackRock MuniVest Fund
BlackRock MuniVest 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 obligations that are exempt from federal income taxes.
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