BlackRock MuniVest Fund, Inc. (NYSE:MVF) Plans Monthly Dividend of $0.04

BlackRock MuniVest Fund, Inc. (NYSE:MVF) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.036 per share on Monday, February 3rd. This represents a $0.43 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniVest Fund has decreased its dividend payment by an average of 13.4% per year over the last three years.

BlackRock MuniVest Fund Trading Up 0.6 %

NYSE MVF traded up $0.04 on Friday, hitting $7.24. 36,703 shares of the stock were exchanged, compared to its average volume of 94,152. The company’s 50-day moving average price is $7.27 and its two-hundred day moving average price is $7.36. BlackRock MuniVest Fund has a 52-week low of $6.73 and a 52-week high of $7.64.

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.