BlackRock MuniVest Fund, Inc. (NYSE:MVF – Get Free Report) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.036 per share on Monday, December 2nd. This represents a $0.43 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date of this dividend is Friday, November 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 Price Performance
Shares of MVF traded up $0.02 during mid-day trading on Wednesday, hitting $7.33. The company’s stock had a trading volume of 35,924 shares, compared to its average volume of 123,123. The company’s 50-day moving average is $7.46 and its 200-day moving average is $7.30. BlackRock MuniVest Fund has a 52-week low of $6.46 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.
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