BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Get Free Report) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.055 per share on Monday, December 2nd. This represents a $0.66 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date is Friday, November 15th.
BlackRock Municipal Income Fund has decreased its dividend by an average of 10.3% per year over the last three years.
BlackRock Municipal Income Fund Stock Down 0.1 %
BlackRock Municipal Income Fund stock traded down $0.01 during midday trading on Wednesday, reaching $12.41. 1,448,651 shares of the company traded hands, compared to its average volume of 265,242. The business has a 50 day moving average of $12.50 and a two-hundred day moving average of $12.35. BlackRock Municipal Income Fund has a 12 month low of $10.52 and a 12 month high of $12.83.
BlackRock Municipal Income Fund Company Profile
BlackRock Muni Intermediate Duration 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 fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment.
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